Afghanistan, April 5 -- China has imposed a 34% tariff on U.S. imports in retaliation, escalating tensions in the ongoing trade dispute.
In response to Trump's tariffs, China's Ministry of Finance imposed a 34% tariff on all American goods on Friday. China stated that these tariffs would take effect in six days.
Starting on Friday, China will also enforce export restrictions on seven rare earth elements used in the production of electronic devices. This export control will cover rare earth elements such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium.
Additionally, China added 11 entities to its "unreliable entities list," which gives Beijing the authority to take punitive actions against these entities.
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