Emre Yumlu 
China has announced additional tariffs and trade restrictions in response to the broad tariffs imposed by US President Donald Trump. This move could further escalate the trade war between the two nations.
China to Impose 34% Additional Tariffs on All US Goods from April 10
The Ministry of Finance has declared that a 34% additional tariff will be applied to all US-origin goods starting from April 10. This decision is seen as a retaliation against the previous tariff increases imposed by the US on China. Chinese officials stated that this tariff hike aims to protect domestic industries and maintain trade balance.
Export Restrictions on Rare Earth Elements
Beijing has also decided to strictly regulate the export of medium and heavy rare earth elements to the US. Starting April 4, the export of samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium to the US will be restricted.
The Chinese Ministry of Commerce emphasized that these restrictions are intended to safeguard national security and economic interests, stating:
“The Chinese government’s implementation of export controls on certain products is part of its efforts to fulfill international obligations and prevent proliferation. At the same time, it ensures a more efficient use of China’s strategic resources.”
“Unreliable Entities” List Expanded
Taking the trade conflict a step further, China has added 11 more foreign companies to its “unreliable entities” list. Companies on this list may face various trade restrictions and severe sanctions when conducting business with China.
These developments could trigger a new wave of tension in US-China trade relations and increase uncertainty in global markets.
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