Trump announces 34% tariff on Chinese imports

Trump announces 34% tariff on Chinese imports

Tech in Asia·2025-04-03 13:00

On Apr. 2, President Donald Trump announced a 34% tariff on Chinese imports as part of a new trade policy. The tariffs will start with a 10% baseline rate on Apr. 5, followed by an additional 24% on Apr, 9.

Trump claimed that China currently imposes a 67% combined rate on trade with the US due to tariffs, currency manipulation, and other barriers.

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