Taiwan Braces as US-China Trade Tensions Escalate: China Imposes Retaliatory Tariffs

A Look at the Latest Escalation in the US-China Trade War and Its Potential Impact

The ongoing trade dispute between the United States and China has taken a dramatic turn, impacting the global economic landscape. On April 2nd, the United States, under the direction of President Trump, announced the imposition of 34% retaliatory tariffs on Chinese goods.

In response, the State Council's Tariff Commission of the People's Republic of China issued an announcement on April 4th, declaring the implementation of 34% tariffs on all imported goods originating from the United States.

The announcement, published on the official website of the Tariff Commission, stated that the U.S. actions, which were imposed on April 2nd, violate international trade rules and severely damage China's legitimate rights and interests. The Chinese authorities characterized the U.S. move as "unilateral bullying," arguing that it harms both the U.S.'s own interests and jeopardizes global economic development and supply chain stability. This is a developing situation, and its effects will be felt globally, including in Taiwan.