China hits back at Trump tariffs with 34% tax on US goods, export curbs | Donald Trump News

Beijing says it will impose an additional 34 percent tax on US goods from next week in retaliation for Washington’s tariffs.

China has announced a slew of countermeasures against tariffs imposed by United States President Donald Trump, including additional tariffs of 34 percent on all goods and curbs on the export of some rare earths, deepening an escalating trade war.

Trump on Wednesday announced that China would be hit with a 34 percent tariff, on top of the 20 percent he imposed…