China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following Trump's double-digit tariffs.

China took the toughest approach so far, responding to the 34% tariff imposed by the U.S. on imports from China by matching it with a 34% tariff on imports of all U.S. products beginning April 10.