Local time on April 2nd, the US government announced that it would impose a so-called "reciprocal tariff" of 34% on goods from China.
On April 5th, what countermeasures has China taken in response to the US's imposition of the "reciprocal tariff"?
● Imposing additional tariffs: The Tariff Commission of the State Council will impose an additional 34% tariff on all imported goods originating from the United States, starting from 12:01 a.m. on April 10, 2025, based on the current applicable tariff rate.
● Suspending export qualifications for some enterprises: The General Administration of Customs decided to suspend the qualification for one American company involved to export sorghum to China, three American companies involved to export poultry bone meal to China, and two American companies involved to export poultry products to China.
● Implementing export control measures: The Ministry of Commerce, together with the General Administration of Customs, decided to implement export control measures on 7 categories of heavy rare earth-related items including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium.
● Anti-dumping investigation: The Ministry of Commerce announced the initiation of an anti-dumping investigation into imports of relevant medical CT tubes originating from the United States and India.
● Including entities on the export control list: It was decided to include 16 American entities such as Gaodian Aviation Technology Co., Ltd. on the export control list.
● Filing a lawsuit under the WTO dispute settlement mechanism: A lawsuit was filed under the WTO dispute settlement mechanism regarding the unreasonable behavior of the US imposing "reciprocal tariffs".
Original article: https://www.toutiao.com/article/1828576066564235/
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