"When the tariffs go into effect at 12:01am April 9th. China will see an additional 104% added to imports."
White House correspondent for Fox Business Edward Lawrence posted to X, "When the tariffs go into effect at 12:01a April 9th. China will see an additional 104% added to imports. China missed it's 12p Eastern Time deadline to remove retaliation tariffs set by President Trump."
This comes as Trump has imposed tariffs on a number of different countries and has hit back at China after the nation said it would be imposing at 34 percent retaliatory tariffs on US goods imported to China.
Earlier this week, after China said that the country would be imposing the 34 percent tariff, Trump posted on Truth Social about the situation.
"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.
"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 added.
Other countries, unlike China, have offered to bring their trade barriers down against US goods. The EU has said that the bloc of nations can offer a “zero-for-zero" tariff agreement. India, Japan, Taiwan, and other countries have said that they are willing to negotiate with other countries to bring down trade barriers.
Powered by The Post Millennial CMS™ Comments
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month
To find out what personal data we collect and how we use it, please visit our Privacy Policy
Comments
12 days ago | Comment by: Keith
One of the big problems with dictatorships like China is that the dictator in control needs to appear to always be the "strong man." If Xi calls Trump it will be appear like a dog with his head down because he made a mess in the house. The way Trump should deal with this is to initiate the call...that way Xi can appear to be in control even if the deal works in Trump's favor.