For ads-free news, click here.
President Donald Trump made a major announce on Truth Social Wednesday afternoon.
China, who has refused to negotiate with Trump, just got slapped hard, and other countries who have reached out to make a deal with Trump, have now gotten a break.
As a result, the markets are now surging skyward.
Trump wrote:
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.
At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.
Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.
Thank you for your attention to this matter!
This comes after China announced they would be raising reciprocal tariffs on U.S. goods to 84%.
China to raise reciprocal tariffs on U.S. goods to 84% https://t.co/qAsliPCCD7
— CNBC (@CNBC) April 9, 2025
Secretary of Commerce Howard Lutnick wrote, “Scott Bessent and I sat with the President while he wrote one of the most extraordinary Truth posts of his Presidency. The world is ready to work with President Trump to fix global trade, and China has chosen the opposite direction.”
Scott Bessent and I sat with the President while he wrote one of the most extraordinary Truth posts of his Presidency. The world is ready to work with President Trump to fix global trade, and China has chosen the opposite direction. pic.twitter.com/wNvg8NBnSR
— Howard Lutnick (@howardlutnick) April 9, 2025
FOX: @POTUS announces he’s raising tariffs on China to 125% and implementing “a 90 day PAUSE” and “a substantially lowered Reciprocal Tariff” of 10% on countries that have expressed willingness “to negotiate a solution to the subjects being discussed” pic.twitter.com/wnTUv1Biqs
— Rapid Response 47 (@RapidResponse47) April 9, 2025
Dow surges 1,800 points after Trump signals a 90-day pause on tariffs https://t.co/eUeVIYf4hM
— CNBC (@CNBC) April 9, 2025
White House Press Secretary Karoline Leavitt and Treasury Secretary Scott Bessent are speaking to reporters outside the White House:
.@PressSec: “When you punch at the United States of America, President Trump is going to punch back harder.” pic.twitter.com/p263rqKfFY
— Rapid Response 47 (@RapidResponse47) April 9, 2025
.@SecScottBessent: “I’m not calling it a trade war — but I’m saying that China has escalated and President Trump responded very courageously to that.” pic.twitter.com/vzsd0229a6
— Rapid Response 47 (@RapidResponse47) April 9, 2025
.@PressSec: “Many of you in the media clearly missed The Art of the Deal” 🔥 pic.twitter.com/WfnKghNVOb
— Rapid Response 47 (@RapidResponse47) April 9, 2025
.@SecScottBessent: “The successful negotiating strategy that President Trump implemented a week ago today, it has brought more than 75 countries forward to negotiate…. Do not retaliate and you will be rewarded. Every country in the world who wants to come and negotiate, we are… pic.twitter.com/gzEW7DDGYC
— Rapid Response 47 (@RapidResponse47) April 9, 2025
.@SecScottBessent: “It’s all the president’s decision … As I’ve said in the past, no one creates leverage for himself like President Trump.” pic.twitter.com/kSVYJq7YHP
— Rapid Response 47 (@RapidResponse47) April 9, 2025
.@SecScottBessent: “We’ve had more than 75 countries contact us and I’d imagine after today, there will be more… It’s going to take some time, and President Trump wants to be personally involved.” pic.twitter.com/JgyElGHwgA
— Rapid Response 47 (@RapidResponse47) April 9, 2025
WATCH the full video below:
NEW TRUTH SOCIAL FROM PRESIDENT TRUMP:
🇨🇳125% TARIFF ON CHINA
🌎90-DAY PAUSE & LOWERED 10% RECIPROCAL TARIFF FOR OTHER COUNTRIES🚨EFFECTIVE IMMEDIATELY pic.twitter.com/Gt5Bd6276m
— The White House (@WhiteHouse) April 9, 2025
Follow us on X (Formerly Twitter.)
The DML News App: www.X.com/DMLNewsApp
The Dennis Michael Lynch Podcast archive is available below, with the most recent on top. Never miss an episode. Subscribe to the show by downloading The DML News App or go to Apple Podcasts.
