BEIJING — China will impose additional 34% tariffs on all products imported from the United States starting from April 10, the Customs Tariff Commission of the State Council announced on Friday.
The announcement follows the US decision to impose “reciprocal tariffs” of a total 54% on Chinese exports to the US, a move that the commission said does not conform to international trade rules.
It also said the US tariffs seriously undermine China’s legitimate rights and interests, and represents a typical act of “unilateral bullying”.
The US move not only harms the interests of the US itself, but also jeopardises global economic development and the stability of industrial and supply chains, the commission said in a statement.
China urged the US to immediately lift its unilateral tariff measures and resolve trade disputes through consultations on the basis of equality, respect and mutual benefits, according to the statement.
The commission noted that the existing bonded policies as well as tax reduction and exemption policies will remain unchanged, while the new additional tariffs to be imposed will not be reduced or exempted.
US President Donald Trump announced sweeping tariffs on two levels – 10% base on all countries to come into effect on April 5, and higher individualised “reciprocal” tariffs on on countries with which the US has the largest trade deficits will, effective April 9.
For Malaysia, this is 24%, while neighbouring Asean Indo-Chinese members states were hit hard, with Cambodia slapped with baseline and retaliatory tariffs totalling 49%, followed by Laos (48%), Vietnam (46%), and Myanmar (44%).
Thailand was hit with tariffs of 36%, Indonesia 32%, Brunei 24%, the Philippines 17%, and Singapore, the baseline tariff of 10%. – April 5, 2025