PULSE POINTS:
❓What Happened: President Donald J. Trump on Monday took to Truth Social, warning China that it has 24 hours to withdraw its 34 percent retaliatory tariff on American imports or else he will impose an additional trade duty of 50 percent on Chinese goods. Additionally, Trump indicated that should China refuse, he will break off all ongoing talks about a broader trade agreement.
👥 Who’s Involved: President Donald J. Trump, Chinese President Xi Jinping
📍 Where & When: April 7, 2025 in Washington D.C.
💬 Key Quote: “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, ” Trump announced.
⚠️ Impact: Further retaliatory tariffs could mark a significant escalation in the trade conflict.
IN FULL:
President Donald J. Trump is giving China 24 hours to end its retaliatory trade measures against the United States. Otherwise, he will impose an additional 50 percent tariff on top of those enacted on April 2. Following Trump’s imposition last week of reciprocal tariffs against nations that abuse their trade position against the United States, China announced they would escalate, enacting trade levies that have, in part, helped fuel global market volatility.
“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,” Trump wrote on Monday. “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.”
He added: “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!”
The move could mark a serious escalation in the trade conflict between the United States and China. For years, the Chinese communist government has used various tools, such as currency manipulation, state subsidies, and regulatory measures aimed at obstructing American exports, to prevent U.S. exporters from remaining competitive with Chinese firms. Ending this behavior is a key goal for the Trump White House.