China announced 34% additional tariffs on the US on Friday as a retaliatory measure against similar tariffs by the US, Reuters reported Friday.
The tariffs, which come alongside other countermeasures, are expected to go into effect April 10, according to the report.
The Donald Trump-led US government had implemented a new 34% reciprocal tariff on China on Wednesday, bringing its total new US levies to 54%.
China also announced export and import restrictions, with the country applying controls to medium and heavy rare-earth exports to the US effective Friday.
Additionally, Chinese customs halted sorghum imports from C&D (USA), alongside poultry and bonemeal imports from three firms in the US, according to the Reuters report.
16 US companies were added to the country's export control list, with 11 additional firms being included in a list for unreliable entities.
The Chinese commerce ministry said it targeted firms that "undermined" China's national sovereignty, security, and developmental priorities, the report said.
China has also commenced an anti-dumping probe into medical CT tube imports from the US and India.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。