Trump Dismisses China’s Tariff Response, Stands Firm on His Policies – One America News Network
OAN Staff James Meyers
10:16 AM – Friday, April 4, 2025
President Donald Trump reaffirmed his “Liberation Day” reciprocal tariff plan on Friday, asserting to investors that his “policies will remain unwavering,” following China’s move to retaliate with a 34% tariff on U.S. products.
Advertisement
In a series of posts on Truth Social, President Trump asserted that his tariff strategy would prevail despite the recent downturn in the stock market, which has been in decline since he announced the new tariffs.
“CHINA MADE A MISTAKE, THEY PANICKED – A SITUATION THEY CAN’T AFFORD!” he noted.
In an earlier message, the president emphasized: “THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE.”
“THIS IS AN EXCELLENT TIME TO GET WEALTHIER THAN EVER BEFORE!!!”
The newly implemented tariffs introduced a 10% minimum base duty on goods from foreign nations, imposing higher rates on what Trump termed “worst offender” countries.
The 47th president imposed a 34% additional tariff on China in a Wednesday announcement, which is in addition to an existing 20% tariff.
Trump indicated on Thursday that he would be open to negotiations with countries to lower the tariff rates, but only if they “offer us something beneficial.”
“The tariffs grant us significant negotiating power. They always have. I’ve effectively utilized them during my first administration,” he told reporters aboard Air Force One.
Furthermore, the Commander-in-Chief stated on Thursday that markets will rebound stronger than ever after the implementation of his tariff package, with the 10% tariff taking effect on Saturday along with the increased rates beginning Wednesday.
He also stressed the need for Americans to remain patient during this period.
“I believe it’s going very well. It’s akin to a surgical operation; it’s a major undertaking,” Trump remarked to reporters while departing the White House.
“I predicted this would unfold exactly as it is. We have $6 or $7 trillion flowing into our country, unlike anything we’ve ever witnessed. The markets are set to thrive, the economy is going to prosper.”
The Trump administration praised the latest jobs report released on Friday, which exceeded expectations for March.
“EXCELLENT JOB NUMBERS, FAR BETTER THAN EXPECTED. IT’S ALREADY SHOWING RESULTS. STAY STRONG, WE CAN’T FAIL!!!” Trump stated on Truth Social.
In the meantime, 72nd Secretary of State Marco Rubio recognized that “markets are in a downturn,” but affirmed that the U.S. economy remains robust and will strengthen even more once stability returns.
“Markets are struggling because they rely on stock valuations of companies currently tied to production practices detrimental to the United States. We need to revise the global trade order,” Rubio posited.
Stay updated! Get breaking news updates delivered directly to your inbox for free. Subscribe here. https://www.oann.com/alerts
Advertisements below