Bangladesh, April 4 -- The long-standing trade conflict between the United States and China has escalated once again, with Beijing announcing a sweeping 34% tariff on all imports from the US, effective April 10. This latest move comes in direct response to President Donald Trumps decision to impose a matching 34% duty on Chinese goods, further intensifying an already volatile economic standoff between the worlds two largest economies.

Chinas Finance Ministry confirmed the decision on April 4, characterizing it as a necessary countermeasure against what it described as Washingtons “unilateral bullying.” The tariffs are the latest in a string of economic measures and countermeasures between the two nations, signaling that neith...