U.S. President Donald Trump signed an executive order on February 1 to impose a 10-percent tariff on all imports from China on top of existing tariffs as well as an additional 25-percent tariff on imports from Mexico and Canada.

China is strongly dissatisfied with and firmly opposes the additional 10-percent tariff and will file a complaint at the World Trade Organization and take corresponding countermeasures, a spokesperson from the Ministry of Commerce said Sunday.

The additional tariffs on China, Canada and Mexico are estimated to reduce long-run GDP by 0.4 percent, the capital stock by 0.3 percent and 344,000 full-time jobs, and cause an average tax increase of over $830 per U.S. household in 2025, according to the Tax Foundation, an international research think tank based in Washington, D.C.

China's exports to the U.S. amounted to approximately $524.7 billion in 2024. China's top exports to the U.S., including electrical machinery and equipment, textiles and textile articles, as well as base metals and articles thereof, will be mostly affected.