New Delhi, April 4 -- China on Friday, April 4, announced that the nation will be imposing an additional 34 per cent tariff on all goods imported from the United States after US President Donald Trump announced his reciprocal tariff move on Liberation Day, April 2.

"The purpose of the Chinese government's implementation of export controls on relevant items in accordance with the law is to better safeguard national security and interests, and to fulfill international obligations such as non-proliferation," said the Commerce Ministry of China, reported the news agency Reuters.

(This is a breaking story. The story will be updated soon)

Published by HT Digital Content Services with permission from MINT....