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TIGER88
2025-04-08

Time for Showdown.

Trump Threatens Additional 50% China Tariff Over Retaliation

President Donald Trump is threatening new 50% tariffs on China unless Beijing lifts its retaliatory duties on U.S. exports by tomorrow.

Trump Threatens Additional 50% China Tariff Over Retaliation

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A baseline 10% tariff went into effect Saturday and higher levies on roughly 60 trading partners are due to go into place at 12:01 a.m. Wednesday.The president also said that if the Chinese government does not pull back from its plan to retaliate against his reciprocal tariffs, “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,” he added.The president’s tariff plans have caused US stocks to swing wildly, after global markets fell sharply. 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