China Imposes 34 Percent Tariffs On All US Goods - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › China Imposes 34 Percent Tariffs On All US Goods (1884 Views)
| China Imposes 34 Percent Tariffs On All US Goods by salesbloo(op): 1:56pm On Apr 04, 2025 |
China, in the wake of President Trump’s latest tariffs on foreign trading partners, announced Friday it will hit the U.S. with a 34 percent reciprocal tax on imports starting next week. “The US practice is inconsistent with international trade rules, seriously undermines China’s legitimate rights and interests, and is a typical unilateral bullying practice,” China’s State Council Tariff Commission said in a policy release. The officials added that the move “not only undermines the interests of the United States itself but also endangers global economic development and the stability of the production and supply chain.” The retaliatory tariffs, which were expected after the nation responded to the Trump administration’s imposition of 34 percent tariffs on top of an existing 20 percent tax, will go in effect on April 10. The Chinese government also noted that it added 11 U.S. companies to its “unreliable entity list” and placed export controls on 16 firms to prevent the export of dual-use products. Beijing also announced that it would put in export controls on seven rare earth minerals, such as gadolinium and samarium. Additionally, a probe was kickstarted into medical X-ray tubes, originating from India and the U.S. https://thehill.com/policy/international/5231894-china-retaliation-donald-trump-tariff-agenda/ |
| Re: China Imposes 34 Percent Tariffs On All US Goods by LordBiden(m): 1:59pm On Apr 04, 2025 |
Americans will surely pay the price for this whole trade war madness. They rejected kamala Harris who had better plans to lower inflation,rising cost of housing,healthcare and groceries. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by kellystone87: 1:59pm On Apr 04, 2025 |
do me i do u |
| Re: China Imposes 34 Percent Tariffs On All US Goods by cathodekazim: 2:01pm On Apr 04, 2025 |
As expected |
| Re: China Imposes 34 Percent Tariffs On All US Goods by salesbloo(op): 2:21pm On Apr 04, 2025 |
LordBiden: |
| Re: China Imposes 34 Percent Tariffs On All US Goods by peleson1: 2:29pm On Apr 04, 2025 |
Trump never gets tired. This is no show biz This is no www or wrestling This is leadership. Don't just be a bloody racist . Inclusiveness should mean something |
| Re: China Imposes 34 Percent Tariffs On All US Goods by SadiqBabaSani: 3:01pm On Apr 04, 2025 |
Trump the bastard |
| Re: China Imposes 34 Percent Tariffs On All US Goods by dangermouse(m): 4:00pm On Apr 04, 2025 |
Let us see how this pans out for America. Hope it is not late by then for America to undo this mistake. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by simeonabio(m): 4:32pm On Apr 04, 2025 |
American voted for Trump, and he is doing exactly what they wanted. Forget the initial reaction, who will buy their goods, Nigerians that is earning less than $1 a day. None of the Nations can match the purchasing power of America. Trump is claiming there must be balance. kellystone87: |
| Re: China Imposes 34 Percent Tariffs On All US Goods by simeonabio(m): 4:33pm On Apr 04, 2025 |
American voted for Trump, and he is doing exactly what they wanted. Forget the initial reaction, who will buy their goods, Nigerians that is earning less than $1 a day. None of the Nations can match the purchasing power of America. Trump is claiming there must be balance. LordBiden: |
| Re: China Imposes 34 Percent Tariffs On All US Goods by onatisi(m): 4:42pm On Apr 04, 2025 |
I will really like to see how all these trade war plays out . Can China and other nations do without the us economically ? Can eu afford to stay alone and not trade with the USA?can America survive on its own without importing any goods ? China can definitely do without USA that is. Fact |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Blitzking: 4:52pm On Apr 04, 2025 |
Naso world war dey take start |
| Re: China Imposes 34 Percent Tariffs On All US Goods by cocolacec(m): 4:55pm On Apr 04, 2025 |
America'a T-pain. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by SpatialKing(m): 5:39pm On Apr 04, 2025 |
LordBiden:How many things does China buy from USA 🤣 This will hurt China more |
| Re: China Imposes 34 Percent Tariffs On All US Goods by fkelly(m): 5:43pm On Apr 04, 2025 |
SpatialKing:u think so? hard wares, auto mobile, machinery, and equipments, not excluding mineral resources. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by SpatialKing(m): 5:55pm On Apr 04, 2025 |
fkelly:From who... USA buys more from China than China buys from USA |
| Re: China Imposes 34 Percent Tariffs On All US Goods by blamingthedevil: 9:08pm On Apr 04, 2025 |
SpatialKing:It hurts the Americans because US can longer compete in manufacturing. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Agbegbaorogboye: 9:23pm On Apr 04, 2025 |
LordBiden:Kamala had better plans? Why didn't she implement them in the four years she was Vice to old Joe |
| Re: China Imposes 34 Percent Tariffs On All US Goods by SpatialKing(m): 12:07am On Apr 05, 2025 |
blamingthedevil:All usa needs is too look inwards Reduce the imports from China |
| Re: China Imposes 34 Percent Tariffs On All US Goods by PlanetZero: 2:21am On Apr 05, 2025 |
blamingthedevil:Then u need to understand that Trump is strongly encouraging companies to come back to America |
| Re: China Imposes 34 Percent Tariffs On All US Goods by sariwlau: 4:26am On Apr 05, 2025 |
This is good, Tit for Tat. No one has the monopoly of madness |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Baxilexi(m): 4:46am On Apr 05, 2025 |
China doesn’t practice fair balance of trade. They will to be self-sufficient in everything if possible. America, the largest holder of crude oil still imports, same as gold and other commodities. They import to help boost the economy of 3rd world countries but that has been taken for granted for years. If in doubt look at the invest of the US in Nigeria, social, medical and economic. Their embassies (especially the soon to be one at eco-Atlantic) vs china’s representation. Next to none. Most Chinese are fingered in illegal mining across Nigeria, how many Americans have been arrested in such. Trade decently that’s what America is asking. Even EU has put restrictions on the purchase of renewable energy devices from China as they outbid EU producers due to their lack of care for human capital. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by rikansie: 5:09am On Apr 05, 2025 |
Do me I do you, good for them |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Feldie: 6:05am On Apr 05, 2025 |
PlanetZero:Nobody is moving his company to America. If America want people to buy from them, they should do what others have been doing, devalue their currency. Their currency is too high, if you produce something there, nobody will be able to afford it. That's why China and South Korea kept their currency low, to encourage exports. Trump wants to force Nigerians earning 100k to buy from the United States when 100k is only 57 dollars. Why should Nigerians do that instead of buying from China or Vietnam? |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Slytiger: 6:17am On Apr 05, 2025 |
Everything is going to be very expensive for the average American. I pity American farmers, a 2nd round of suicide, bankruptcy and recession is about to hit them just like the 1st round hit them during Trump's 1st term. China is one of their biggest purchase of wheat. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by PlanetZero: 6:21am On Apr 05, 2025 |
Feldie:usa alone is a good good market. They have the population |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Seunpapa65: 6:58am On Apr 05, 2025 |
All the countries US placed on tarrif should do the same to US nobody is a monopoly of madness |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Moroccoguy: 7:05am On Apr 05, 2025 |
Well china doesn't need USA the way they need China, America should lower the tariff to help the growing economy |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Amumaigwe: 7:27am On Apr 05, 2025 |
LordBiden:And promote LGBTQ. |
| Re: China Imposes 34 Percent Tariffs On All US Goods by Feldie: 8:28am On Apr 05, 2025 |
PlanetZero:you think a company will spend billions of dollars to build a company that will exclusively cater to the US? Not even China with 5x the population do that |
| Re: China Imposes 34 Percent Tariffs On All US Goods by chukxie(m): 8:31am On Apr 05, 2025 |
blamingthedevil:And that's why Trump is doing everything to bring back manufacturing to America. Nigeria should be doing the same thing, too. But unfortunately we no sabi our left from our right. The Chinese have flooded our markets with finished goods that local business people fly to China to purchase. If we want to truly develop and prosper, our leaders must demand that foreign investors build factories or assembly plants in Nigeria. That's what Trump is also asking for. |
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