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Tariffs: contrasting responses from China and Vietnam

04/04/2025
Tariffs: contrasting responses from China and Vietnam

China is to impose new tariffs of 34% on all imports with a US origin.

The ministry of commerce and the country’s customs authorities announced the new tariffs in a joint statement on April 4. 

They said the measures were in response to additional tariffs that the US imposed on imports from China on April 2. The US put the new, additional tariffs on Chinese exports at the same level, 34%. 

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