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Trump threatens new 50% tariffs on China if Beijing doesn’t remove retaliatory duties

  • Donald Trump threatened China with more tariffs, potentially reaching 104% on some goods.
  • Trump's action follows complaints about the US trade deficit and China's trade practices.
  • China retaliated with tariffs of 34% and banned some rare earth mineral exports.
  • Trump stated, "I have respect for China, but they can't do this" regarding trade.
  • Economists predict tariffs could lower GDP growth in both the US and China.
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President Trump threatens more tariffs on China, totaling 104%

President Donald Trump is threatening to slap even more tariffs on China, reaching a combined 104% on some imported goods

·Portland, United States
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Forbes broke the news in United States on Monday, April 7, 2025.
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