China punches back as world weighs how to deal with higher US tariffs

By ELAINE KURTENBACH, Associated Press Business Writer

BANGKOK (AP) — Countries and industries were scrambling Friday to respond as President Donald Trump’s latest tariffs hikes upend global trade and world markets.

China responded to the 34% tariffs imposed by the U.S. on imports from China by announcing it will impose a 34% tariff on imports of all U.S. products beginning April 10.

Taiwan’s president promised to provide support to industries most vulnerable to the 32% tariffs...