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China Levies 34% Tariff on US Goods, Primarily Affecting Benz and BMW, Not American Cars
2025-04-07 /
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Author：小编
On April 2, the United States announced that it would impose "reciprocal tariffs" on Chinese goods imported into the country. In swift response, China declared countermeasures and imposed a 34% tariff on all goods originating from the United States, effective April 10. This move significantly impacted the automobile industry, with imported American vehicles facing an additional 34% retaliatory tariff on top of the existing tariffs, ultimately pushing up their selling prices. However, it is noteworthy that the primary victims of this tariff hike are not American cars, but rather luxury brands such as Benz and BMW.
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