Trump's tariffs are imposed by China, and the United States now faces duties of 84%.

China and the United States of America are engaged in an ongoing dispute over trade. Following President Donald Trump's decision to raise tariffs on Chinese goods to a total of 104 percent, China announced on April 9, 2025, that it would impose a tariff of 84 percent on all U.S. goods. New York Times Wikipedia

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China has added 12 American companies, including American Photonics and Novotech, to its export control list in addition to the tariff increase. This action effectively restricts these companies from engaging in trade and investment activities within China. ​

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The escalation has had immediate repercussions on global markets. European indices such as the FTSE 100, Germany's DAX, and France's CAC 40 have each declined by approximately 3%. Chinese stock markets, on the other hand, saw modest gains as a result of government interventions to stabilize the economy. MarketWatch

The Observer U.S. Treasury Secretary Scott Bessent has indicated the possibility of negotiating trade agreements with allies and engaging in group negotiations with China. Meanwhile, President Trump has urged companies to relocate operations to the United States to circumvent the imposed tariffs. ​

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The fashion and luxury industries are also feeling the impact of these trade tensions. The European Union has approved €22 billion worth of countermeasures, which, along with China's actions, poses significant risks to these sectors. Forecasts for sales and earnings have been lowered by analysts due to the uncertainty that reduces consumer spending, particularly in important markets like China. Vogue Business

These occurrences highlight the widening gap that exists between the United States and China, which has far-reaching implications for the stability of global trade and economic activity.

After President Trump enacted a new wave of sweeping tariffs on Chinese imports, China has imposed retaliatory tariffs of 84 percent on U.S. goods, bringing total duties on some products to over 100 percent. This sharp escalation marks a significant flare-up in the ongoing trade war between the United States and China, affecting agriculture and technology sectors alike. In response, China also placed several U.S. firms on an export control list, restricting their operations in the Chinese market. European stock indexes fell and concerns about a possible global economic slowdown rose as a result of the negative reaction on global markets. The Biden administration had previously rolled back some tariffs, but Trump’s return to aggressive trade measures has triggered strong counteraction from Beijing. According to economists, this could significantly raise prices for businesses and consumers on both sides and put pressure on global supply chains. Want a more detailed breakdown of the impacts or reactions from specific industries?

On April 9, 2025, China escalated its trade conflict with the United States by imposing an 84% tariff on all U.S. imports. This move was in direct response to President Donald Trump's administration implementing sweeping tariffs totaling 104% on Chinese imports, which increased the total average tariff to nearly 125%. ​

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China took additional measures, including putting several U.S. defense and technology companies on a blacklist and restricting their exports. Notably, twelve U.S. companies, including American Photonics and Novotech, were added to China's export control list, while six others, such as Shield AI and Sierra Nevada Corporation, were placed on its unreliable entities list, effectively banning them from trade and investment activities in China. ​

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China's Ministry of Commerce emphasized its readiness to confront further trade restrictions, declaring a commitment to "fight to the end." This stance reflects China's broader strategy to leverage not only tariffs but also export controls on key materials, regulatory probes, and restrictions via its unreliable-entity list to exert pressure on U.S. companies benefiting from Chinese market access. ​

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The escalation has had significant repercussions on global markets. Stock markets experienced sharp declines, particularly in the fashion and luxury industries. Sales and earnings forecasts were downgraded by Deutsche Bank and HSBC analysts due to the growing uncertainty that reduces consumer spending. Vogue Business

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US actions in response to China's Treasury Secretary Scott Bessent dismissed the Chinese retaliation as counterproductive, criticizing China’s economic practices. President Trump, defending his approach, encouraged companies to relocate to the U.S., citing benefits like zero tariffs and streamlined approvals. ​

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This latest escalation intensifies the ongoing trade war between the two economic powerhouses, with both sides implementing substantial tariffs and additional measures that could have far-reaching implications for global trade and economic stability.​