Washington, DC [US], April 7 (ANI): U.S. President Donald Trump on Sunday issued a stark warning to China, threatening to impose additional 50 percent tariffs on Chinese imports unless Beijing reverses its newly announced 34 percent retaliatory tariffs. The move marks a major escalation in the ongoing trade dispute between the world’s two largest economies.
Taking to his social media platform Truth Social, Trump called China’s retaliatory measures a violation of previous warnings and declared that if the tariffs are not rolled back by April 8, the U.S. would enforce the new tariffs effective April 9. He also said all ongoing trade negotiations with China would be terminated.
“If China does not withdraw its 34 per cent increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50 per cent,” Trump wrote.
“Additionally, all talks with China concerning their requested meetings with us will be terminated.”
Trump accused China of decades of unfair trade practices, including non-monetary tariffs, illegal subsidies, and currency manipulation.
The announcement triggered immediate tremors across global financial markets. The Nasdaq, S&P 500, and Dow Jones each dropped between 4–5% as markets opened Monday. Asian and European markets followed suit, with Japan’s Nikkei 225 falling 5.79%, leading a broad regional selloff.
Amid the turmoil, Trump urged Americans to remain resilient:
“Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (a new party based on Weak and Stupid people!). Be Strong, Courageous, and Patient, and GREATNESS will be the result!”
In a follow-up post, Trump said other nations were expressing interest in new trade talks, including Japan, and reiterated frustrations with imbalanced trade policies:
“They don’t take our cars, but we take MILLIONS of theirs. Likewise Agriculture, and many other ‘things’. It all has to change, but especially with CHINA!!!”
Despite market fears, Trump claimed current tariffs are generating billions in weekly revenue for the U.S. and touted strong economic indicators like falling oil, food prices, and interest rates.
As the April 8 deadline looms, the world is watching for China’s response. If neither side backs down, the situation could spiral into a full-scale trade war, with potentially far-reaching implications for global trade and investor confidence. (ANI)
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