China Raises Tariffs on US Goods To 84% as Rift Escalates

China retaliated against the US after new tariffs imposed by President Donald Trump, announcing it would raise the tariff on US goods to 84%, escalating the trade conflict between the world's two largest economies. From a report: The Chinese countermeasures are effective April 10, according to a government statement Wednesday. China's move came after Trump's latest tariffs went into force at midday Wednesday in Beijing, taking the cumulative rate announced this year to 104%. A day earlier, China vowed to 'fight to the end' if the US insists on new tariffs. Where US-China Decoupling Is Hardest: After decades of trade integration, Chinese companies have become increasingly essential suppliers of goods and materials that range from niche to ones many Americans can barely do without.

At $41 billion last year, smartphones -- largely consisting of Apple's iPhones -- were the single largest US import from China. More than 70% of all smartphone imports are from China, according to Bloomberg analysis of 2024 trade data from the US International Trade Commission.

Farther afield, China supplies the entirety of hair from badgers and other animals imported into the US for brush-making. It also delivers almost 90% of the gaming consoles US consumers buy from overseas.

Over 99% of the electric toasters, heated blankets, calcium, and alarm clocks the US imports are from China. Ditto for more than 90% of folding umbrellas, vacuum flasks, artificial flowers, LED lamps, and wooden coat-hangers.

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