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From CNBC: Trump is threatening to jack up tariffs on China by an additional 50% unless Beijing abandons its retaliatory duties on U.S. imports.
Trump in a Truth Social post gave China until Tuesday to undo its 34% tariffs, imposed in response to the “reciprocal” duties unveiled at the White House last week.
Trump also wrote that he will cancel all planned talks with China if they do not comply with his demand.
Below is President Trump’s statement, posted to Truth Social Monday morning:
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.
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. 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!
Trump’s Rapid Response team added, “The message is simple, for those who are ready to take a seat at the negotiating table and recognize that they will no longer be able to mistreat America, please come and join us. For those who want to retaliate after years of ripping this country off, we will not bend and we will not break.”
The message is simple, for those who are ready to take a seat at the negotiating table and recognize that they will no longer be able to mistreat America, please come and join us. For those who want to retaliate after years of ripping this country off, we will not bend and we… pic.twitter.com/cgLXZXeVSG
— Rapid Response 47 (@RapidResponse47) April 7, 2025
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