34% for all US products

On April 2, 2025, the president of the United States, Donald Trump, announced the implementation of the “reciprocal tariffs” to regulate imports. Thus, the United States It imposes extraordinary tariffs ranging from 20% applied to the EU at 32% of Taiwan and up to 46% of Vietnam. But if there is a clear rival in this critical regular commercial war, it is China, to which Trump already “punished” with some tariffs of 34%. What has China done? Return exactly the same punishment to the US.

China imposes tariffs of 34% to the US. China has announced which will impose additional tariffs of 34% to the imports that China makes of the United States. The measure is produced in response to the tariffs announced by Donald Trump this week. After yesterday’s announcement, the total taxes of the United States to their Chinese imports will approach 60%.

These are some of the countries most affected by the tariffs announced by Donald Trump, and the value of imports of those countries/blocks in 2024 in billions of dollars. Source: CNN.

Intimidation. From Beijing, they emphasize that “the United States actions do not conform to the rules of international trade, seriously undermine China’s legitimate rights and interests and are a typical example of unilateral intimidation.”

Tit for tat. The reprisals that have occurred in China also threaten to occur throughout the planet. Canada has imposed 25% tariffs on American cars, for example, and the EU It has already indicated that prepares his answer “if the negotiations fail.”

Black Friday for bags. Ibex 35, the most affected, falls 5.5% and other European bags are falling falls between 1 and 2%. While, The collapse of technological valueswhich had already been pronounced yesterday, it will aggravate even more. Before the opening of the markets “The Magnificent” fall between 4 and 6%.

Sight recession. The analysts of the JPMorgan consultant do not stop reviewing their forecasts regarding the possibility that the United States enters recession this year, and right now They estimate it by 60%. Before Trump’s announcement on Wednesday that estimate was 40%.

Unknown effects. This total commercial war initiated by the US raises colossal collateral efectos. As they point out In the countryone of them can be “the diversion of products that until now could be sold in the first world economy” and that Now they will look for other destinations like the EU. Urusla von Der Leyden, leader of the European Commission, already warned that they were going to analyze these effects “because we cannot absorb world overcapacity.”

China imposes export control. As they point out In CNNChina He added 11 US companies to their “list of unreliable entities”, but its implementation of export controls For 16 US companies that will see the export of “dual use products” (civil and military), such as those that manufacture drones.

These 16 companies are involved in aerospace industries (Hig Point AeroTechnologies or S3 Aerodefense, for example), Surveillance (Cyberlux), Military Logistics (Cubic Corporation) or advanced manufacturing (Textore). These measures are probably a retaliation against vetoes to exports from Chinese companies Like Huawei or Dji. China argues that these US companies “can endanger China’s national interests and security.” Also They have been added export controls For seven rare earth types.

Margin to negotiate. The US tariffs are activated on April 9, while China has indicated that its taxes will be activated a day later, on April 10. They leave a small margin for potential negotiation. Trump delayed the application of tariffs to Mexico and Canadabut finally activated them in early March.

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