this post was submitted on 04 Apr 2025
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  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

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[–] TheReturnOfPEB@reddthat.com 25 points 1 week ago (1 children)

jokes on them ... how they gonna tariff empty shipping containers ?

[–] iknowitwheniseeit@lemmynsfw.com 2 points 1 week ago (1 children)

China buys American food, I think.

[–] BlindFrog@lemmy.world 4 points 1 week ago (1 children)
[–] bradinutah@thelemmy.club 3 points 1 week ago (1 children)

Farmers are super stressed and are at a higher risk of suicide. Voting for the Donvict was a sure way to make farming more stressful. Not only does the wealthy brat from the big city see you as a mark to exploit, he really doesn't actually care about you losing all your export customers and losing your farm. He's busy golfing at taxpayers' expense.

[–] Ledericas@lemm.ee 2 points 1 week ago

they did during the soybean tariffs, most of them lost thier farms, or suicided. After things was lifted, China had no need to source soybeans from america anymore.