New York: President Donald Trump has threatened China with an additional 50 per cent tariff that would take the total levies to more than the value of
President Donald Trump has threatened China with an additional 50 per cent tariff that would take the total levies to more than the value of products while doubling down on the global reciprocal tariffs.
He wrote on Truth Social on Monday that “if China does not withdraw its 34 per cent increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the US will impose ADDITIONAL Tariffs on China of 50 per cent, effective April 9th”.
He also said that he would end any negotiations with Beijing on tariffs.
Combined with other tariffs, the total tariffs would zoom to 104 per cent.
If neither side blinks in the US-China tariff standoff, levies higher than the cost of the imported products could have a devasting effect on US consumers who rely on China for many everyday things.
Trump was reacting to China’s announcement that it was imposing 34 per cent tariffs on US imports, matching the reciprocal levy Trump announced for that country last week.
