China has announced a 34% tariff on all U.S. imports, effective April 10, after U.S. President Donald Trump ordered a 34% tariff on all Chinese exports, escalating the tense trade war between the two economic giants.
China announced strict export controls on rare earth elements essential to U.S. high-tech manufacturing and defense industries. Minerals like samarium, gadolinium, and dysprosium, widely used in semiconductors, electric vehicles, and military equipment, will now face restrictions. Beijing further suspended imports of U.S. sorghum, poultry, and bone meal, delivering a blow to American agriculture. Analysts warn that U.S. exports may be priced out of the Chinese market entirely, giving competitors like Brazil and Australia an opportunity.
Additionally, China blacklisted 27 additional American companies, including defense tech firms, drone manufacturers, and logistics companies, citing national security threats and in some cases selling arms to Taiwan.
Beijing also filed a formal complaint to the World Trade Organization (WTO), accusing the U.S. of violating global trade rules and engaging in “unilateral bullying.”
