Trump threatens China with additional 50% tariff if Beijing doesn’t scrap its retaliation

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President Trump threatened Monday to hit China with an additional 50% tariff if Beijing doesn’t lower its 34% retaliatory tariff on the US by Tuesday.

“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 posted on Truth Social.

“Additionally, all talks with China concerning their requested meetings with us will be terminated!

https://nypost.com/2025/04/07/world-news/trump-threatens-china-with-additional-50-tariff-if-beijing-doesnt-scrap-its-retaliation/

I'm betting that China won't fold.

 

[josephbloggs]

5 minutes ago, placeholder said:

President Trump threatened Monday to hit China with an additional 50% tariff if Beijing doesn’t lower its 34% retaliatory tariff on the US by Tuesday.

“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 posted on Truth Social.

“Additionally, all talks with China concerning their requested meetings with us will be terminated!

https://nypost.com/2025/04/07/world-news/trump-threatens-china-with-additional-50-tariff-if-beijing-doesnt-scrap-its-retaliation/

I'm betting that China won't fold.

 

You couldn't make it up. The man is a lunatic but he has the following of the cult. 

America's global influence is crumbling by the day - it is sad, but also hilarious, to watch.

I actually think the US presidency is now some kind of weird reality show and any time now the game will end.

[jas007]

4 minutes ago, placeholder said:

President Trump threatened Monday to hit China with an additional 50% tariff if Beijing doesn’t lower its 34% retaliatory tariff on the US by Tuesday.

“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 posted on Truth Social.

“Additionally, all talks with China concerning their requested meetings with us will be terminated!

https://nypost.com/2025/04/07/world-news/trump-threatens-china-with-additional-50-tariff-if-beijing-doesnt-scrap-its-retaliation/

I'm betting that China won't fold.

 

After he did that, the stock market started to tank again, but it has since bounced back a little.  The dollar index has also recovered.  

 

China will fold. They're in more trouble than many people seem to think.  Then again, Trump may just be making idol threats.  

[SunnyinBangrak]

You have to admire Trump's determination to save the US from drowning in debt. Stones the size of Kilimanjaro. Of course, those favoring greed motivated Presidents will be baffled by Trump's actions, but I think most can see spiralling defecit = disaster in the future. 

 

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Just now, josephbloggs said:

You couldn't make it up. The man is a lunatic but he has the following of the cult. 

America's global influence is crumbling by the day - it is sad, but also hilarious, to watch.

It's funny. I thought that the s&p 500 would crater after that announcement but so far it's gone up a bit. Maybe it's the Hungry Joe phememon. The character in Catch-22 who spent his life in fear of the raising of how many missions he would have to fly before he got to go back to the States. But when the number was raised, he was happy because no more stressful anticipation? Probably not a great explanation.

[Maybole]

Hold firm China, stand up to the bully!

[josephbloggs]

4 minutes ago, Maybole said:

Hold firm China, stand up to the bully!

China won't be bullied. There is humiliation to come...

[NoDisplayName]

19 minutes ago, placeholder said:

“Additionally, all talks with China concerning their requested meetings with us will be terminated!

 

What's the point of holding meetings and offering to negotiate?

 

Vietnam, one of the worst hit with a 46% tariff, offered to completely eliminate all duties — an approach swiftly rejected by Peter Navarro, a Trump adviser who helped craft the policy.

 

https://www.msn.com/en-us/politics/government/frustrated-world-leaders-wonder-if-trump-even-wants-a-deal/ar-AA1CrX27

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1 minute ago, NoDisplayName said:

 

What's the point of holding meetings and offering to negotiate?

 

Vietnam, one of the worst hit with a 46% tariff, offered to completely eliminate all duties — an approach swiftly rejected by Peter Navarro, a Trump adviser who helped craft the policy.

 

https://www.msn.com/en-us/politics/government/frustrated-world-leaders-wonder-if-trump-even-wants-a-deal/ar-AA1CrX27

Vietnam did offer to lower tariffs to zero if the US did the same, The US refusal shows that it's not about reciprocity.

[NoDisplayName]

Asked on board Air Force One about the catastrophic market reaction to his announcement, Trump said: “Sometimes you have to take medicine to fix something.”

 

https://www.yahoo.com/news/trump-steps-off-golf-course-002828447.html

 

More tariffs, at warp speed? 

 

"A question that probably some of you are thinking of if you’re totally into that world, which I find to be very interesting. So, supposedly we hit the world with a tremendous, whether it’s tariffs or just very powerful sanctions, and I think you said that hasn’t been checked, but you’re going to test it. And then I said supposing you brought the tariffs inside the WTO, which you can do either through the treaties or in some other way.  And I think you said you’re going to test that, too. Sounds interesting, right?"

[NoDisplayName]

3 minutes ago, placeholder said:

Vietnam did offer to lower tariffs to zero if the US did the same, The US refusal shows that it's not about reciprocity.

 

Yes, and we know that.  The tariff rates are based not on THEIR tariffs (Japan and Korea impose 0% tariffs on US vehicles), but on the trade deficit.

 

THEIR consumers have to be forced somehow to buy the crap we don't make.

[hotsun]

China thinks everyone needs their cheap junk and that they can innovate better now. Im buying puts on the chinese market

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2 minutes ago, hotsun said:

China thinks everyone needs their cheap junk and that they can innovate better now. Im buying puts on the chinese market

Wake up! It's the 21st century.China leads the world in lots of technologies. 

 

"China’s global lead extends to 37 out of 44 technologies that ASPI is now tracking, covering a range of crucial technology fields spanning defence, space, robotics, energy, the environment, biotechnology, artificial intelligence (AI), advanced materials and key quantum technology areas.1 The Critical Technology Tracker shows that, for some technologies, all of the world’s top 10 leading research institutions are based in China and are collectively generating nine times more high-impact research papers than the second-ranked country (most often the US). Notably, the Chinese Academy of Sciences ranks highly (and often first or second) across many of the 44 technologies included in the Critical Technology Tracker."

https://www.aspi.org.au/report/critical-technology-tracker

[josephbloggs]

11 minutes ago, hotsun said:

China thinks everyone needs their cheap junk and that they can innovate better now. Im buying puts on the chinese market

China is light years of the US in many industries. But keep swallowing your propaganda.

[jas007]

56 minutes ago, placeholder said:

It's funny. I thought that the s&p 500 would crater after that announcement but so far it's gone up a bit. Maybe it's the Hungry Joe phememon. The character in Catch-22 who spent his life in fear of the raising of how many missions he would have to fly before he got to go back to the States. But when the number was raised, he was happy because no more stressful anticipation? Probably not a great explanation.

If you look, you can see all the markets and the news and the oil prices and anything else you want to look at in real time.  And when the news flashed about Trump's China threat, the market did reverse a. little, but it didn't tank by any means.  

 

The markets are bouncing around all over today, but much of what's going on probably doesn't have much to do with Trump's China threat.  The Wall Street people know better than to overreact to that kind of talk, and those are the people running the market.  

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8 minutes ago, jas007 said:

If you look, you can see all the markets and the news and the oil prices and anything else you want to look at in real time.  And when the news flashed about Trump's China threat, the market did reverse a. little, but it didn't tank by any means.  

 

The markets are bouncing around all over today, but much of what's going on probably doesn't have much to do with Trump's China threat.  The Wall Street people know better than to overreact to that kind of talk, and those are the people running the market.  

The Wall Street people also knew better than to react to Trump's tariff threats. They are massively regretting that now.

[Walker88]

Gavin Newsom is calling nations and making trade deals....Canada, Mexico, Vietnam, China, Japan

 

California is the 5th largest economy in the world. It has 37 million people. I can name 16 Red States whose combined population is less. CA is an attractive market, so deal making should be easy. States rights and all.

 

Too bad for POTUS. Besides, it is Congress who sets tariffs, not the President, so Gov Newsom is under no obligation to go along with POTUS' insanity.

 

Once Newson succeeds, expect Oregon, Washington, Massachusetts, New York, Connecticut and Rhode Island to follow suit, maybe even Gov Shapiro of Pennsylvania.

 

POTUS can just keep hurting Red States. They love him, so let them enjoy his "talents".