Last Updated on 1 week by Ashley Michael
President Trump says on post shared on his Truth Social that U.S. will impose additional 50% tariff on China from Wednesday if it does not withdraw its 34% tariff increase. full statement
Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set. Therefore, if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter
This comes after China hits back at U.S. tariffs with 34 percent Beijing says it will impose an additional 34 percent tax on US goods from next week in retaliation for Trumps tariffs.