China News

China Refuses to Budge After US Threatens Extra 50 Percent Tariff


Trump warned China of a 50 percent additional duty on Chinese goods if it refuses to withdraw its 34 percent retaliatory tariffs on U.S. imports.

Beijing on Tuesday criticized President Donald Trump’s threat to impose an additional 50 percent tariff on Chinese imports in response to China’s retaliatory measures against the U.S. reciprocal tariffs.

The Chinese Commerce Ministry said it would be a mistake if Trump proceeds with the extra tariffs and vowed to “fight to the end” to protect its interests.

Trump warned that he would impose additional 50 percent duties on Chinese goods if China refused to withdraw its 34 percent retaliatory tariffs on U.S. imports. Beijing’s tariffs were imposed after Trump’s April 2 reciprocal tariff announcement, which raised the total U.S. tariff on Chinese imports to 54 percent.

“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,” Trump wrote in a Truth Social post. “Additionally, all talks with China concerning their requested meetings with us will be terminated!”
Trump has said that he is not looking to make a deal with China unless it addresses the “trillion-dollar” U.S. trade deficit.
“I’m willing to deal with China, but they have to solve their surplus. We have a tremendous deficit problem with China,” he told reporters on Sunday.

This is a developing story and will be updated.



Source link

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.