NYP: 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.
The president imposed an additional 34% tariff on China during his reciprocal duty announcement April 2, adding to an already-imposed 20% levy earlier in his administration.
With the 50% additional tariff, the total rate on imports from the Asian power would reach 104% of its pre-Trump level.
In response, Beijing announced its own 34% tariff early Friday, to take effect April 10. more here