China has urged the US to immediately lift its latest tariffs, warning that it will retaliate with countermeasures if the move is not made. The new 34% tariffs on Chinese goods were announced by President Trump, affecting a range of products from electronics to clothing.
According to analysts, China is least affected by these tariffs due to its extensive trade relationships and diversified economy. However, the country’s response to the US move remains uncertain.
The development comes as tensions between the two economic superpowers continue to escalate. The US has been implementing tariffs on Chinese goods for over a year now, sparking a global trade war that has affected many countries.
Source: https://www.reuters.com/markets/china-urges-us-cancel-reciprocal-tariffs-2025-04-03