Trump threatens to impose 50% tariffs on Chinese products
Trump tweeted on his social media account: "China announced a 34% tariff on the United States yesterday, which is on top of its existing tariff measures, non-monetary tariffs, illegal corporate subsidies, and long-term exchange rate regulation. I have previously explicitly warned that any country that imposes additional tariff retaliation on the United States beyond its existing long-standing tariff abuse will immediately respond with higher tariffs.
Therefore, if China fails to withdraw the additional 34% tariff by April 8, 2025, the United States will impose an additional 50% tariff on Chinese goods effective April 9. In addition, the United States will terminate all talks with China on its request. At the same time, the United States will immediately begin negotiations with other countries that have requested talks. Thanks for your attention. "