US President Donald Trump has threatened to impose additional 50% tariffs on China.
Trump frowned at China's retaliatory tariffs of 34% against the US.
The President accused China of imposing retaliatory tariffs on the US despite his earlier warning that such will be met with new and substantially higher tariffs.
In a post on his Truth Social on Monday, Trump warned that if China does not withdraw its 34% increase above their already long term trading abuses by April 8th, 2025, the US will impose additional tariffs on China of 50%.
He said: “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!”
