Chinese authorities also said they will immediately restrict exports of seven types of rare earths, start an anti-dumping probe into medical CT X-ray tubes from the US and India, and halt imports of poultry products from two American companies. Additionally, it’s adding 11 American defense companies to an unreliable entity list, and imposing export controls on 16 US firms.
China retaliated against new US tariffs with a slew of measures — including levies on all American imports and export controls on rare earths — delivering on a promise to strike back after President Donald Trump imposed duties and escalating a trade fight.
Beijing will impose a 34% tariff on all imports from the US starting April 10, matching the level of Trump’s so-called reciprocal tariffs on the world’s second-largest economy.
