Posted on 04/04/2025 4:07:25 PM PDT by SeekAndFind
China struck back against President Trump’s sweeping “Liberation Day” tariffs Friday by slapping the US with its own 34% tariff on imports and announcing curbs on some key rare materials — further heightening the trade war between Washington and Beijing.
The new double-digit tariff on imports of all US products will be imposed from April 10, China’s finance ministry said.
The move is in retaliation to Trump on Wednesday hitting China with a “reciprocal” 34% tariff on Chinese exports – on top of the 20% levy he imposed earlier this year.
As part of the flurry of retaliatory measures, Beijing also said it will impose more export controls from Friday on rare earths, which are materials used in high-tech products such as computer chips and electric vehicle batteries.
Included in the list of minerals subject to control was samarium and its compounds, which are used in aerospace manufacturing and the defense sector. Another element called gadolinium is used in MRI scans.
“The purpose of the Chinese government’s implementation of export controls on relevant items in accordance with the law is to better safeguard national security and interests, and to fulfill international obligations such as non-proliferation,” the commerce ministry said.
China’s customs administration said it had also suspended imports of chicken from two US suppliers — Mountaire Farms of Delaware and Coastal Processing — saying officials had repeatedly detected furazolidone, a drug banned in China, in shipments from those companies.
The Chinese government also said it had added 27 firms to lists of companies subject to trade sanctions or export controls.
Among them, 16 are subject to a ban on the export of “dual-use” goods – including defense company, High Point Aerotechnologies, and transportation firm, Universal Logistics Holding.
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The only thing China imports from the US is our capital.
This is a huge opportunity for other countries, if they want to take it, by lowering their own tariffs and having us reciprocate, to snatch a lot of trade and economic benefit away from China.
The US imports 3.5X more from China than they do from US.
So they were already at 34%. Does this mean 34 + 34?
Bastards should be paying us damages from Covid.
Put a limit on student visas from China (I’d say about 1 every year should be fine)
Why don’t they buy our rice? They can’t grow enough to feed their population.
Over the last few years, China has had lots of problems with its agriculture. This includes flooding, locust, swine, and bird flu.
Not meaningful long run.
We prevail.
Won’t take long.
Oh boy throw me in the briar patch lol
“Why don’t they buy our rice? They can’t grow enough to feed their population.”
We were just in China last week. US grown rice was on the shelves in grocery stores along with rice from other places like Thailand
What do we import from China that we absolutely have to have, and that we can’t get anywhere else?
As their population declines they won’t have anyone to harvest their rice anyways, their youth are more useless than ours
Walmart & Harbor Freight shoppers hit hardest
Riceland?
China’s retaliation to Trump’s tariffs is a natural response, rooted in the cultural importance of saving face.
Trump, understanding this dynamic, now has an opportunity to engage in a way that lets both sides move forward constructively. By framing his next move to give China room to lower tariffs while preserving dignity, he can pave the way toward a more balanced and productive trade relationship.
Trump knows how to negotiate with Xi. He understands that for China, face-saving is key—and a deal must allow both sides to claim victory.
That’s where the idea of a “win-win” comes in—something Trump often emphasizes. In this case, a win-win framework gives China exactly what it needs: a solution that protects its pride while advancing U.S. interests.
“So they were already at 34%. Does this mean 34 + 34?”
That is what I am wondering. Most of these countries already have tariffs on our goods. The media is failing to point this out and what their rates are.
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