{"id":845835,"date":"2025-05-04T20:12:21","date_gmt":"2025-05-05T01:12:21","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/04\/trumps-trade-war-escalates-as-china-retaliates-with-34-tariffs\/"},"modified":"2025-05-04T20:12:21","modified_gmt":"2025-05-05T01:12:21","slug":"trumps-trade-war-escalates-as-china-retaliates-with-34-tariffs","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/04\/trumps-trade-war-escalates-as-china-retaliates-with-34-tariffs\/","title":{"rendered":"Trump\u2019s Trade War Escalates as China Retaliates With 34% Tariffs"},"content":{"rendered":"
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The Chinese government said it would match President Trump\u2019s tariff, and also barred a group of American companies from doing business in China.<\/p>\n

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A container ship from China\u2019s largest shipping line at the Port Of Long Beach in California on Tuesday.<\/span>Credit…<\/span>Mario Tama\/Getty Images<\/span><\/span><\/span><\/figcaption><\/figure>\n<\/div>\n

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China has struck back at President Trump.<\/p>\n

On Friday evening in Beijing, in a rapid-fire series of policy announcements including 34 percent across-the-board tariffs, China showed that it has no intention of backing down in the trade war that Mr. Trump began this week with his own steep tariffs on imports from around the world.<\/p>\n

China\u2019s Finance Ministry said it will match Mr. Trump\u2019s plan for 34 percent<\/a> tariffs on goods from China with its own 34 percent tariff on imports from the United States.<\/p>\n

Separately, China\u2019s Ministry of Commerce said it was adding 11 American companies to its list of \u201cunreliable entities,\u201d essentially barring them from doing business in China or with Chinese companies. The ministry imposed a licensing system to restrict exports of seven rare earth elements that are mined and processed almost exclusively in China and are used in everything from electric cars to smart bombs.<\/p>\n

The commerce ministry also announced it was beginning two trade investigations into American exports of medical imaging equipment \u2014 one of the few manufacturing categories in which the United States remains internationally competitive.<\/p>\n<\/div>\n

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China\u2019s General Administration of Customs said that it would halt chicken imports from five of America\u2019s biggest exporters of agricultural commodities and sorghum imports from a sixth company.<\/p>\n

And China\u2019s State Administration for Market Regulation announced that it suspected the China division of DuPont, the American chemicals giant, had violated China\u2019s antimonopoly law and would investigate. DuPont had said in a statement that it took the matter very seriously and was reviewing China\u2019s claims.<\/p>\n

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Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. The Chinese government said it would match President Trump\u2019s tariff, and also barred a group of American companies from doing business in China. A container ship from<\/p>\n","protected":false},"author":1,"featured_media":845836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[425,163],"tags":[6277,5123],"class_list":{"0":"post-845835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trade","8":"category-trumps","9":"tag-trade","10":"tag-trumps"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/845835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=845835"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/845835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/845836"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=845835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=845835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=845835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}