China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war | CNN Business

Hong Kong CNN  — 

China said on Friday it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.

On Wednesday, Trump unveiled an additional 34% tariffs on all Chinese goods imports into the US, in a move poised to cause a major reset of relations and worsen trade tension between the world’s two largest economies.

“This practice of the US is not in line with international trade rules, seriously undermines China’s

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