China slaps retaliatory 34% tariffs on all US goods
China has delivered on its promise to strike back against US reciprocal tariffs. Beijing has announced a slew of additional duties and restrictions against American goods, including a 34% levy on all imports starting next Thursday. This is a similar rate that US President Donald Trump slapped on China two days ago, on top of an existing 20%. Olivia Siong reports from Beijing.
China has delivered on its promise to strike back against US reciprocal tariffs. Beijing has announced a slew of additional duties and restrictions against American goods, including a 34% levy on all imports starting next Thursday. This is a similar rate that US President Donald Trump slapped on China two days ago, on top of an existing 20%. Olivia Siong reports from Beijing.
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