NNAnbsp; – China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products.
quot;For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed,quot; Beijing#39;s finance ministry said.
Beijing#39;s Commerce Ministry also imposed export controls on seven rare earth elements, including gadolinium — commonly used in magnetic resonance imaging — and yttrium, which is used in consumer electronics.
China will also file a lawsuit with the World Trade Organization (WTO) over tariffs, the ministry said. — AFP
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