Trump threatens further rates of 50% on China

On Monday, the president of the United States Donald Trump threatened additional additional rates on imports from China if Beijing did not withdraw his retaliation plans, adding that Washington would start interviews with other countries that wish to negotiate.

The new action will accumulate on an already steep American rate that enters into force on Wednesday, said the White House to AFP, bringing the total amount to a prohibitive level.

“If China does not take its 34 % increase above their abuse of negotiation already in the long term by tomorrow, April 8, 2025, the United States will impose further rates on China of 50 %, starting from April 9,” Trump said in a social place of truth.

As part of a wider plan to impose “mutual” rates on the countries with which the United States have large commercial deficits, last week Trump revealed an additional rate of 34 % on China, entering into force on Wednesday.

The Beijing counter corresponds to the figure of Washington, and is destined to start on April 10. These will also accumulate on existing Chinese duties.

The second largest economy in the world has also emitted other countermeasures, including export controls on the rare earth elements.

Since he returned to the presidency, Trump has imposed 20 % of added duties on Chinese imports on the alleged role of Beijing in Fenanil’s supply chain.

With the incoming rate of 34 percent and the new threat of 50 %, the total additional rate this year could reach 104 percent, said the White House AFP.

The White House added that this new rate accumulates on the rates existing from the first presidency of Trump, which the former president Joe Biden has widely held in place and added to targeted sectors.

Trump targeted Beijing’s economic practices on social media on Monday, criticizing his “non -monetary rates” and the “illegal grant of societies”.

He added that “all interviews with China concerning their meetings requested with us will be finished”.

But “negotiations with other countries, who have also requested meetings, will immediately begin to carry out”, wrote Trump on his social platform of truth.

AFP