Tariff war. China imposes additional tariffs on US goods
news.online.ua
Fri, 04 Apr 2025 16:04:00 +0300

China imposes additional tariffs on US goodsThis was announced by the Chinese Ministry of Finance on April 4.It is noted that this step is a response to the largescale tariffs introduced by US President Donald Trump.In addition, Beijing also announced the introduction of export controls on medium and heavy rare earth elements to the United States, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium.
These restrictions will take effect on April 4.
The purpose of the Chinese governments implementation of export controls on relevant goods in accordance with the law is to better protect national security and interests, as well as fulfill international obligations such as nonproliferation.
The Ministry of Commerce also added 11 organizations to a list of unreliable entities, which allows China to take punitive measures against them.The agency called on the States to repeal the tariffs and to resolve the issue through fair and equitable dialogue.As a reminder, on April 2, US President Donald Trump announced the introduction of tariffs of at least 10 on almost all goods imported into the US.
The tariffs will take effect on April 9.
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