China imposes retaliatory 34% tariff on imports of all US goods

China announced on Friday that it would impose a 34% tariff on imported goods from the US, starting 10 April.
The move is a response to a US levy of the same amount on Chinese goods, announced by US President Donald Trump earlier this week as part of his so-called "Liberation Day" package.

The US 34% tariff is on top of previously announced duties, meaning the overall tariff rate could rise to at least 54%.

The Commerce Ministry in Beijing also said that it had filed a lawsuit with the World Trade Organization (WTO) in relation to Trump's tariffs.