
China slaps 34% further tariff on US items after Trump’s sweeping commerce transfer
China’s finance ministry introduced on Friday that it has slapped a further 34 per cent tariff on all US items from April 10, in a tit-for-tat transfer towards President Donald Trump’s tariffs. The ministry additionally introduced export controls on medium and heavy rare-earths, together with samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, efficient from…