China Threatens to Retaliate Against Trump's Latest Tariff, Adding to Tit-for-Tat Moves -- WSJ

Dow Jones04-08

China is threatening to retaliate further against the U.S. if President Trump carries out his threat to raise the tariff on Chinese goods by an additional 50%.

A statement from the Ministry of Commerce on Tuesday said that if the U.S. escalates tariffs, "China will resolutely take countermeasures to safeguard its own rights and interests." Previously China announced a blanket 34% tariff on American goods, matching the level of Trump's April 2 tariff on Chinese imports.

"The U.S. threat to escalate tariffs on China is a mistake on top of a mistake, which once again exposes the U.S.'s blackmail nature," the commerce ministry statement said. "If the U.S. insists on its own way, China will fight to the end."

-Grace Zhu

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 07, 2025 21:17 ET (01:17 GMT)

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