BlockBeats News, April 4th, according to official sources, starting from 12:01 on April 10th, China will impose a 34% tariff on all imported goods originating from the United States. The Ministry of Commerce has decided to include 16 U.S. entities such as High Point Aviation Technology on the export control list. It is prohibited to export dual-use items to the mentioned 16 U.S. entities; any ongoing relevant export activities should be immediately halted. Eleven U.S. companies including Skydio have been included in the Unreliable Entity List. The mentioned companies are prohibited from engaging in import and export activities related to China, and are prohibited from making new investments in China.

The Chinese Ministry of Commerce stated that on April 2nd, U.S. Eastern Time, the U.S. announced the imposition of "equal tariffs" on all trade partners including China, and China has filed a lawsuit with the WTO dispute settlement mechanism. The U.S. imposition of the so-called "equal tariffs" seriously violates WTO rules, severely damages the legitimate rights and interests of WTO members, seriously undermines the rules-based multilateral trading system and international economic order, and is a typical act of unilateral bullying that undermines the stability of the global economic and trade order. China firmly opposes this. China has always been a staunch defender of the international economic order and a strong supporter of the multilateral trading system. It urges the U.S. to immediately correct its wrongdoings and revoke the unilateral tariff measures. (Golden Finance)