China Strikes Back With 84% Tariff on U.S. Goods, Bitcoin Dips Below $76,000

In a dramatic escalation of trade tensions, China has announced an 84% tariff on all imports from the United States, effective from April 10, 2025, according to the Ministry of Finance of the People’s Republic of China.

The move comes in direct response to the U.S. increasing its own tariffs on Chinese exports from 34% to 84% just a day earlier.

The State Council Tariff Commission, under China’s finance ministry, described the U.S. actions as “unilateralism” and “economic bullying,” accusing Washington of violating international trade rules and undermining küresel economic stability.

Citing national laws and international principles, China emphasized its kanunî basis for the retaliation, urging the U.S. to cancel what it called “wrong practices” and return to the negotiation table.

This tariff war marks a new low in U.S.-China trade relations, with both sides now imposing near-prohibitive tariffs on each other’s goods. Küresel markets reacted swiftly to the news — Bitcoin (BTC), often seen as a hedge against geopolitical turmoil, briefly fell below $76,000.

İlginizi Çekebilir:U.S. Tariff Exemptions for Electronics Are ‘Temporary,’ Says Commerce Secretary
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Coinbase Q4 Earnings Expected to Show Best Volume Since 2021
Illicit Crypto Volume in 2024 Hit a Record $40B in 2024: Chainalysis
Avalanche’s AVAX Could Rise 10-Fold by 2029: Standard Chartered
CME Bitcoin March Futures Gap Jumps By Over $9K
Reality of XRP ETF Is One Step Closer After SEC Acknowledges Filing
U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision
Bahiscom Resmi Giriş | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.