In addition to the baseline tax, Mr. Trump had said China would face a "reciprocal" levy of 34%, and in response to Beijing's retaliatory tariffs on U.S. exports, the president has threatened to impose an additional 50% tariff on China if it does not lift those duties by Tuesday. Mr. Trump doubled down on his trade position while speaking to reporters on Sunday on Air Force One, making clear he did not intend to budge on the reciprocal tariffs set to take effect later this week, nor the universal levies already implemented. On Truth Social, the president said Beijing had acted despite his previous "warning" that the U.S. would only respond to retaliatory tariffs with even higher taxes for the issuing country, and urged its leaders to withdraw the 34% increase by Tuesday or face higher costs.
Author: Emily Mae Czachor
Published at: 2025-04-07 21:35:05
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