China Tariff Bombshell: Massive Tariff Hike Targets U.S. Imports Amid Trade Clash!

China Tariff Bombshell: Trade War 2.0? China Unleashes 84% Tariff After U.S. Duty Surge

According to the People’s Republic of China’s Ministry of Finance, China has declared an 84% tariff on all U.S. imports, which will take effect on April 10, 2025, marking a sharp increase in trade hostilities. Just one day prior, the United States raised its own duties on Chinese products from 34% to 84%, which prompted the action.

Crypto Markets Rattle as U.S.-China Trade Standoff Deepens

Under China’s finance ministry, the State Council Tariff Commission characterized the U.S. moves as economic bullying and unilateralism, accusing Washington of breaking international trade regulations and jeopardizing world economic stability. China stressed the legal grounds for the response by citing both international and national regulations, and it urged the United States to halt what it described as improper acts and resume negotiations.

With nearly prohibitive duties now being placed on each other’s goods, the U.S.-China trade relationship has reached a new low as a result of this tariff war. The news was quickly absorbed by world markets, and Bitcoin (BTC), which is sometimes viewed as a hedge against geopolitical unrest, temporarily dropped below $76,000.

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