The tit for tat continues. On Monday (April 7, 2025), United States president Donald Trump threatened to impose an extra 50% tariffs on imports from China. That is after China introduced an extra tariff of 34% on items imported from the US final Friday (April 4) in response to the 34% imposed on it lately.
Trump took to Fact Social to say the extra 50% tariff on China will go into impact on Wednesday (April 9), which is a day earlier than China’s 34% tariff goes dwell. If China fails to retract its counter-tariff plans by Tuesday (April 8), US corporations bringing in sure items from China might face a complete tax of 104%, which incorporates the preliminary 20% already put in place in March, the 34% introduced final week and the approaching 50%.
“Yesterday, China issued retaliatory tariffs of 34%, on prime of their already file setting tariffs, non-monetary tariffs, unlawful subsidisation of corporations and big long run forex manipulation regardless of my warning that any nation that retaliates towards the US by issuing extra tariffs, above and past their already present long run tariff abuse of our nation, will probably be instantly met with new and considerably larger tariffs, over and above these initially set,” Trump wrote in his put up.
“Due to this fact, if China doesn’t withdraw its 34% improve above their already long-term buying and selling abuses by tomorrow, April 8, 2025, the US will impose extra tariffs on China of fifty%, efficient April 9. Moreover, all talks with China regarding their requested conferences with us will probably be terminated! Negotiations with different nations, which have additionally requested conferences, will start going down instantly. Thanks to your consideration to this matter!” he continued.
China has since mentioned it could not bow to Trump’s risk, AFP studies. “We have now pressured greater than as soon as that pressuring or threatening China isn’t a proper option to have interaction with us. China will firmly safeguard its reliable rights and pursuits. China will firmly safeguard its reliable rights and pursuits,” Liu Pengyu, spokesman for Beijing’s embassy in the US, informed the information outlet.
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