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China, Trump and tariffs

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Reuters |
Economists expect Beijing to unleash more fiscal stimulus to support its economy, which sells goods worth more than $400 billion a year to the United States.
CNN |
China is levied with a 34% rate, which is additional to the existing 20% duties on all Chinese imports to the United States, while the European Union gets 20%.

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China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war
China said Friday that 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.
Nowhere to hide: Trump tariffs leave trading partners cornered
U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace.
China threatens retaliation after Trump hits it with highest U.S. tariff on any country
China will have no choice but to retaliate,” one analyst said, adding that it would be “carefully calibrated so that it is more or less in line with the other countries’ responses.”
These are the hardest-hit US trading partners under Trump’s tariffs
President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday, but about 60 countries or trading blocs will see even higher rates in an escalating move that is poised to initiate a global trade war.
Executives, Trade and Labor Associations on Trump's Reciprocal Tariffs
President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.
With Trump’s Tariffs, the Chasm Between Allies and the U.S. Widens
President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.
Inside Trump’s defiant response to the markets’ tariff meltdown
President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress.
Italy says counter-tariffs would be wrong response to U.S. tariffs
Italian Economy Minister Giancarlo Giorgetti warned on Saturday against the imposition of retaliatory tariffs on the United States in response to U.S President Donald Trump's announcement of sweeping tariffs on trade partners.
Resistance Is Futile, Make a Deal: Trump’s Tariff Message to the World
The administration is trying to head off painful retaliatory measures, forcing big trading partners to decide whether fighting is worth it.
How Countries Responded to Trump’s Tariffs
China vowed countermeasures and the E.U. promised a unified response, while Britain and Japan refrained from immediate retaliation.
Trump tariffs aimed at helping U.S. firms could bring higher prices and lost exports. What to know
Trump said tariffs will force other countries to lower their own rates on U.S. goods and services. But other nations are planning to retaliate.
Newsom to ‘fight back’ on Trump tariffs, asking countries to spare California retaliation
California Gov. Gavin Newsom said he will “fight back” against President Donald Trump’s latest tariffs on Friday, instructing the state to forge “strategic” alliances with countries eyeing retaliatory measures on U.S. goods — and to press hard for California-made products to be spared.
SCOOP: Newsom asks world leaders to exempt California exports from retaliatory tariffs
California Gov. Gavin Newsom announced plans Friday to counter President Donald Trump's tariff hikes, asking countries to exempt California exports from retaliatory taxes.
Gov. Gavin Newsom urges California products be exempted from retaliatory tariffs
The California governor said he is "pursing trading relationships with global partners to combat the pain of Trump's tariffs."
Europe to Slow Pace of Tariff Retaliation
The European Union is dialing back the pace of its planned retaliation against U.S. steel and aluminum tariffs, a senior official said Thursday. The move comes after U.S. Treasury Secretary Scott Bessent warned trading partners might risk still higher levies if they retaliate.
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