China Imposes 34% Tariffs on All US Imports as Retaliation

https://www.bloomberg.com/news/articles/2025-04-04/china-imposes-34-tariffs-on-all-us-imports-as-retaliation

47 comments

  2. Whoa all those soybean producers in the US are fooked.

  3. China is also one fo the world’s largest car markets, they are also the largest electronics markets.

  4. Begun the trade wars have !

    Good on China to not letting themselves being bullied.
    What a world that i see them as the most reasonable entity of the world (and that while we have the Taiwan issue …)

  5. This is about to fuck with the stock market in a couple hours. Over/Under set at -2000 points today.

  8. And futures are down 900 already. Market open will be rough. Good luck to the states, as a Canadian, sorry. Lmao

  9. “Our tariffs are tremendous, everyone is talking about how good they are, no one’s seen so many tariffs before.”

  11. Wait, I though Trump told everybody not to retaliate. Weird how that didn’t work out.

  12. The Dow Jones futures market is down 938 points at 3:40 am Pacific time. That opening on Friday morning is gonna be a bloodbath.

  16. Just remember that means South Korea and Japan are to follow

  17. Trump’s blitzkrieg shakedown against China is doomed to fail, let alone he has no fucking idea about almost anything, China might be the most self-sufficient economy in the world at this moment, on the contrary, the largest market of the only profitable US exports is China, the material of one of its most profitable exports is from China. I think his blackmailing might not work as MAGA wishes this time. Four years later, US might be a different US, but China probably will still be that China, maybe more economically resilient after the stupid trade war. Picking a fucking moron, no, a brilliant moron to run the most powerful government has to be some consequences, don’t you think?

  18. “Beijing also announced controls on exports of medium and heavy rare-earths, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium to the United States, effective April 4.”

    From Reuters

  21. Elon is gonna love this. Now there is no chance Tesla is ever gonna get a footing in China

  22. Very good.
    Tariffs in China and tariffs in the EU against the US as countermeasures are a very strong step.
    And many others will follow suit.
    Trump won’t learn otherwise.

  25. And the Dow Jones futures are collapsing and reacting almost immediately after this announcement.

  26. Someone smarter than me; what the heck should we do to financially prepare for what’s to come? Clearly we’re heading for a depression, but at the minimum, insane (continued) price increase.

    Is there a step-by-step guide for dummies for how to brace for impact?

    Edit: autocorrect ain’t never been my friend

  27. THE PRESIDENT:  “Six weeks ago, I stood beneath the dome of this Capitol and proclaimed the dawn of the golden age of America.  From that moment on, it has been nothing but swift and unrelenting action to usher in the greatest and most successful era in the history of our country.” – Speech before Congress, 4 March 2025

  28. MCGA, apparently. The US is going to allow China to grow exponentially.

  29. This is terrifying because China doesn’t do this back and forth shake down charade like the Trump admin does.

    I 100% see China not backing down. I don’t think our current administration thought this one over that some sleeping giants will refuse to be bullied.

  30. Prediction, Trump to add another 34%, then China will do the same. Then one more round before Trump realise how silly it is and make a show of having negotiated a great deal with little concessions, with tarrifs falling to pre-liberation day. 

    And his base will lap it all up, while the tarrif news cover up all the subversion of freedom ongoing.

  31. I feel so bad for the people that are on the verge of retiring or have already retired. Hopefully they moved their money to safer investments but I doubt it. 

    For me, it’s just a paper loss as I am not retiring for 30 years but for a lot of people, it’s going to force them to keep working as they simply cannot afford retirement now. 

    But then I also remember that most boomers lean towards Trump. So fuck them. 

  32. The stable genius managed to crash the world economy in just to months. A good business man they say, trust in Trump they say. I say half of Americans are idiot. Sorry but stupid is to kind of a word for their mental state.

  34. It’ll be hard but MAGA will have to suffer and find a way to pay a premium if they want Biden tied up decals and Trump flags now.

  35. Meanwhile conservatives consider this winning. Just shows what a bunch of absolute losers they are.

  36. Can we impeach him yet? Can we drive him out yet? Can we do, idk, anything?

  38. I can’t help but feel that history is once again repeating itself and we are seeing the beginning of the end for the US empire.

  40. Trump voters should be forced to wear a scarlet T for the rest of their life. These fucking morons have doomed us all.

  41. The manchurian candidate’s plan to tank the US economy is working perfectly so far

  42. Trump putting economic sanctions on his own nation is comedy gold.

    Tragic for US citizens but, comedy gold all the same.

  43. I’m at a loss.

    I’ve been looking at the Vietnam tariff because it’s the first one I saw… so I thought it would be the one to ‘study’

    Vietnam has a tariff on WTO nations. It averages at about 5.1%…. That is all, there is no 90% tariff on the states.

    So where does that 90% come from that trump wants, the ‘reciprocal tariff’? ChatGPT.

    Ask ChatGPT ‘How much tariffs would trump have to add to not have a deficit with Vietnam ’

    The answer, funnily enough, is 90%

  44. Looks like the Fox News stock ticker is gonna get another day off

  45. You know shit’s hit the fan when HumbleBundle releases one bundle on gardening and another on survivalism books.

    Here’s the [gardening](https://www.humblebundle.com/books/gardening-mastery-quarto-books?hmb_source=&hmb_medium=product_tile&hmb_campaign=mosaic_section_1_layout_index_1_layout_type_threes_tile_index_3_c_gardeningmasteryquarto_bookbundle) one.

    Here’s the [survivalism](https://www.humblebundle.com/books/selfreliance-and-offgrid-skills-for-dummies-books?hmb_source=&hmb_medium=product_tile&hmb_campaign=mosaic_section_1_layout_index_3_layout_type_threes_tile_index_2_c_selfrelianceandoffgridskillsfordummies_bookbundle) one.

    Best of luck to you lads and don’t worry, there’s only another three years and nine months to go for the Americans among you. Stay safe, have a plan and it’ll be over before you know it.

Comments are closed.