US EditionTrump 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.
487 Articles
487 Articles
China has officially launched a dispute with the World Trade Organization (WTO) over new tariffs imposed by US President Donald Trump on Chinese imports to the United States. The organization confirmed on Tuesday that it had received a request for consultations from Beijing.
sgtreport.com
What Happens if All Trade With China Comes to a Screeching Halt?
by Mish Shedlock, Mish Talk: This is no longer a highly unlikely scenario after Trump threatens another 50 Percent Tariff on China. The lead image is from Chad P. Bown, Senior Fellow at PIIE. Trump’s Social Media Threat “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, […]
'Playground bully' Trump 'is overplaying his hand with China' but 'there's no silver lining for UK' - The Mirror
US President Donald Trump has picked a formidable enemy for his trade war in China - the world's leading trading nation in goods - with total imports and exports reaching a record of 43.85trillion yuan ($6.1trillion)
Trump threatens additional 50% tariffs on China in new escalation
A global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further on April 7, as Trump threatened to increase duties on China and the European Union proposed counter-tariffs of its own.
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