China Imposes 84% Tariff on U.S. Imports Effective April 10, 2025

China has announced an 84% tariff on all imports from the United States, effective April 10, 2025. This decision follows the U.S. increasing its tariffs on Chinese exports from 34% to 84% one day prior.

The State Council Tariff Commission labeled the U.S. actions as “unilateralism” and “economic bullying,” accusing it of breaching international trade rules.

Key points:

China cites national laws and international principles for its retaliatory measures.
China urges the U.S. to abandon its “wrong practices” and resume negotiations.
This escalation signals a significant downturn in U.S.-China trade relations.
Global markets reacted swiftly; Bitcoin fell below $76,000.