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40 sources·Politics

Trade War Escalates: China's Retaliatory Tariffs and Trump's Controversial Calculations

China retaliates with a 34% tariff on US goods while experts criticize Trump's tariff calculation methods as misleading and flawed.

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  1. Trump tariff formula misrepresents global trade economics, experts say

    The calculations for almost all of the tariffs was determined by dividing trade deficit of each nation with the value of its imports, according to economic experts' analysis.

    Trump tariff formula misrepresents global trade economics, experts say

    ABC NewsABC News·1M
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  2. Trump's tariff formula explained: How rates were determined for each country

    The report describes the tariffs as confusing to trade partners and unfair to poorer nations that cannot afford to import U.S. goods.

    Trump's tariff formula explained: How rates were determined for each country

    USA TODAYUSA TODAY·1M
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  3. Trump's tariffs prompt China to retaliate with 34% levy on U.S. imports, rare earth element export controls

    The Trump administration's unveiling of its massive package of tariffs this week has proven a gut-punch for global stocks, with American markets recording their worst day of losses Thursday since the COVID pandemic struck.

    Trump's tariffs prompt China to retaliate with 34% levy on U.S. imports, rare earth element export controls

    CBS NewsCBS News·1M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  4. Trump reacts to China's huge retaliatory tariffs on US

    The stock markets have opened sharply down on Friday morning in response to the unfolding trade war, extending Thursday's losses.

    Trump reacts to China's huge retaliatory tariffs on US

    NewsweekNewsweek·1M
    Mostly Reliable
    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
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    Center
    This outlet is balanced or reflects centrist views.
  5. Trump says China ‘panicked’ with tariff response

    The retaliatory measure from Beijing escalates the risk of a global trade war as Trump digs in on his tariff policy.

    Trump says China ‘panicked’ with tariff response

    The HillThe Hill·1M
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    Center
    This outlet is balanced or reflects centrist views.
  6. China to impose 34% retaliatory tariff on all goods imported from the U.S.

    Beijing has also filed a formal complaint against the U.S. with the World Trade Organization, the Ministry of Commerce confirmed in a Google-translated release, saying Washington's tariffs policy "seriously violates WTO rules, seriously damages the legitimate rights and interests of WTO members, and seriously undermines the rules-based multilateral trading system and the international economic and trade order."

    China to impose 34% retaliatory tariff on all goods imported from the U.S.

    CNBCCNBC·1M
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    ·
    Center
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  7. China hits back at Trump tariffs with 34% tax on US goods

    But China has pushed forward with countering Trump’s aggressive trade policies, saying it had opened a formal complaint against the new US tariffs with the World Trade Organization (WTO) on Friday.

    China hits back at Trump tariffs with 34% tax on US goods

    Al JazeeraAl Jazeera·1M
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    Leans Left
    This outlet slightly leans left.
  8. Trade war escalates as China hits back with 34% tariffs on all U.S. goods

    The research firm Capital Economics said the Chinese retaliation did not bode well for prospects of finding a resolution.

    Trade war escalates as China hits back with 34% tariffs on all U.S. goods

    NPRNPR·1M
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
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  9. China punches back as world weighs how to deal with higher US tariffs

    Trump’s decision to sharply raise tariffs on countries spanning the globe is “self-defeating.”

    China punches back as world weighs how to deal with higher US tariffs

    Boston HeraldBoston Herald·1M
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
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    Leans Right
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  10. China retaliates against Trump with 34% tariff on US imports

    The targeted companies include Skydio Inc. and BRINC Drones over arms sales to democratically governed Taiwan, which China claims as part of its territory.

    China retaliates against Trump with 34% tariff on US imports

    New York PostNew York Post·1M
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    Leans Right
    This outlet slightly leans right.
  11. China Imposes a 34% Tariff on Imports of all U.S. Products

    While friction on the trade front has been heating up, overall relations are somewhat less fractious.

    China Imposes a 34% Tariff on Imports of all U.S. Products

    TIME MagazineTIME Magazine·1M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Leans Left
    This outlet slightly leans left.
  12. China Retaliates With 34 Percent Tariffs on US Goods

    China announced a raft of additional tariffs and restrictions against American goods on Friday, in retaliation of the sweeping tariffs imposed by the United States.

    China Retaliates With 34 Percent Tariffs on US Goods

    Epoch TimesEpoch Times·1M
    Mixed Reliable
    This source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.
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    Right
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  13. Axios

    It's a steep escalation in the U.S-China trade war, following President Trump's reciprocal tariffs on one of America's largest trading partners.

    Axios

    AxiosAxios·1M
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  14. China hits back at Trump with 34% tariff on U.S. imports

    China had been relatively restrained in its response to Trump’s earlier tariffs, keeping its retaliatory tariffs limited to 10% to 15% and targeted only at certain goods.

    China hits back at Trump with 34% tariff on U.S. imports

    NBC NewsNBC News·1M
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    ·
    Center
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  15. Asian Nations Seek Ways Forward After Trump Tariffs

    The Constitutional Court’s unanimous ruling Friday immediately stripped Yoon of his powers and set in motion a presidential election to take place within the next 60 days.

    Asian Nations Seek Ways Forward After Trump Tariffs

    BloombergBloomberg·1M
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    ·
    Center
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  16. How will the EU respond to Donald Trump's tariffs?

    The response to the new US tariffs is being coordinated at EU HQ in Brussels.

    How will the EU respond to Donald Trump's tariffs?

    BBC NewsBBC News·1M
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    Center
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  17. Trump says his tariffs are 'reciprocal.' Are they?

    Trump’s view of international trade is also overly simplistic in that it attends only to the material goods the U.S. sells overseas and how much other nations sell in the U.S. without accounting for professional services that America sells in other countries.

    Trump says his tariffs are 'reciprocal.' Are they?

    Los Angeles TimesLos Angeles Times·1M
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Leans Left
    This outlet slightly leans left.
  18. Mexico: 'Cool-Headed' Approach to Trump's Tariffs Has Paid Off

    Mexico, along with Canada, largely escaped Trump's new 10% global baseline tariff and steeper "reciprocal tariffs" for many trading partners on Wednesday.

    Mexico: 'Cool-Headed' Approach to Trump's Tariffs Has Paid Off

    NewsmaxNewsmax·1M
    Mixed Reliable
    This source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.
    ·
    Right
    This outlet favors right-wing views.
  1. The Dispatch
  2. ABC News
  3. Business Insider
  4. USA TODAY
  5. Associated Press
  6. CBS News
  7. Newsweek
  8. The Hill
  9. PBS NewsHour
  10. CNBC
  11. Al Jazeera
  12. NPR
  13. NewsNation
  14. Boston Herald
  15. New York Post
  16. TIME Magazine
  17. Epoch Times
  18. Axios
  19. NBC News
  20. Bloomberg
  21. The Guardian
  22. BBC News
  23. MEDIAite
  24. Los Angeles Times
  25. Newsmax

Updated: Apr 4th, 2025, 9:09 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

In a marked escalation of the U.S.-China trade war, China has announced a new 34% tariff on all U.S. imports starting April 10, mirroring tariffs announced by President Trump. Trump’s tactics and tariff calculations have drawn criticism from economists, who argue that his methods misrepresent global trade dynamics. Furthermore, China's tightened export controls on rare earth materials and a suspension of chicken imports from specific U.S. suppliers highlight the growing tensions. Amid increasing scrutiny, financial markets have shown volatility, raising concerns about the potential economic impact of these developments on global growth.


Perspectives

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  • Trump's openness to reducing tariffs if others can offer significant concessions suggests an evolving strategy, but critics remain skeptical about the overall effectiveness and motivations behind his tariff policies.

  • New economic analyses have emerged, disputing the validity of the formulas used to determine tariff rates, with experts labeling them misleading and not representative of actual trade conditions.


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Trade War Escalates: China's Retaliatory Tariffs and Trump's Controversial Calculations - Pano News