In a dramatic escalation of commercial tensions, China has announced an 84% tariff over all imports from the United States, as of April 10, 2025, according to the Ministry of Finance of the People’s Republic of China.
The measure occurs in direct response to the United States increases its own rates in Chinese exports from 34% to 84% only one day before.
The Commission of Tariffs of the State Council, under the Ministry of Finance of China, described the actions of the United States as “unilateralism” and “economic harassment”, accusing Washington of violating the rules of international trade and undermining global economic stability.
Citing national laws and international principles, China emphasized its legal basis for reprisals, urging the United States to cancel what it called “incorrect practices” and return to the negotiation table.
This tariff war marks a new minimum in commercial relations between the United States and China, with both parties now imposing almost prohibitive tariffs on the goods of the other. Global markets quickly reacted to the news: Bitcoin (BTC), often seen as coverage against geopolitical agitation, fell briefly below $ 76,000.
