China declared on Friday its intention to implement a 34 percent tariff on all U.S. imports commencing on April 10, as a response to a series of significant tariff increases introduced by U.S. President Donald Trump. Consequently, international stock markets experienced a decline for the second consecutive day.

Source: https://www.france24.com/en/asia-pacific/20250404-china-donald-trump-tariffs-34-percent-us-stocks-economy