China has hit back at Washington with a new wave of tariffs and export restrictions, escalating trade tensions as it targets key U.S. imports and rare-earth materials critical to advanced industries.
China has unveiled a series of retaliatory measures against the United States in response to the sweeping tariffs recently imposed by President Donald Trump.
In a statement released Friday, the Chinese Finance Ministry announced that an additional 34% tariff will be levied on all U.S. goods starting April 10.
Beijing also introduced export controls on several critical rare-earth elements—including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium—with restrictions taking effect April 4. These materials are essential to advanced manufacturing and defense technologies.
China’s Ministry of Commerce emphasized that the move aims to protect national security and fulfill international obligations, including non-proliferation commitments.
Additionally, 11 foreign entities have been added to China’s “unreliable entity list,” enabling Beijing to impose sanctions or other punitive actions against them.
Read next
17:00
World News
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
16:34
World News
Romanians vote Sunday in a rerun presidential election with far-right eurosceptic George Simion leading the polls, a potential upset that could unsettle markets and raise alarms in the EU and NATO.
15:30
Russia - North Korea
Russia and North Korea have commenced the construction of a new road bridge across the Tumen River, marking a significant step in expanding their strategic partnership and enhancing bilateral trade links.
15:21
World News
British police have charged Abdullah Sabah Albadri, 33, with preparing a terrorist act and possessing knives after he allegedly tried to breach the Israeli embassy’s grounds in west London.
15:06
World News
A fierce khamsin dust storm cloaked the Egyptian capital in a yellow haze on Wednesday, shutting schools and cutting visibility as winds gusting to 80 kph swept across Cairo and much of the country.
What is your opinion on this topic?
Leave the first comment