Donald Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China if they don’t withdraw its plan to impose a retaliatory 34% import fee on American products.
In a post on his Truth Social app, Mr. Trump said 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.”
He added, “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.”
The White House had already imposed a 20 percent tariff on Chinese imports over fentanyl concerns. Last week, Trump imposed an additional 34% tariffs on Chinese imports, which means China could face an effective tariff rate as high as 104 percent.
