President Donald Trump threatens China with additional 50 percent tariffs in response to President Xi Jinping’s announcement that the communist country would impose retaliation tariffs to the United States.
Last week, a duration of a speech in the Rosas Garden, Trump announced reciprocal tariffs on countries that have historically imposed tariffs on the United States. Among those countries is China, which Trump slapped a 34 percent tariff in addition to the tariffs that have been in his place in China since Trump’s first mandate that former Joe Biden did not end.
In response to reciprocal tariffs, China announced retaliation tariffs or 34 percent in US goods. Now, Trump says that if tariffs against the United States do not retire, China will face an additional 50 percent tariff.
“Yesterday, China issued retaliation rates or 34%, in addition to its record establishment rates, non -monetary tariff Beyond the initials, the sets of the reference, “.
Therefore, If China does not retire, it is a 34% increase above its long -term trade abuses for tomorrow, on April 8, 2025, the United States will impose additional tariffs to China or 50%, as of April 9.. In addition, all conversations with China about their meetings requested with us will be fired! Negotiations with other countries, which have also requested meetings, will begin to place the place immediately. Thanks for your attention to this matter! [Emphasis added]
The free trade of the United States with China, which began in the late 1990s, when China was allowed to enter the World Trade Organization (WTO) and given the state of the most favored nation (MFN) by Congress, has devastated the work of the United States for almost three decades.
A 2018 report from the Institute of Economic Policy (EPI) found that the United States commercial deficit with China, between 2001 and 2017, eliminated US jobs in the 50 states and in each district of Congress throughout the country, a loss of 3.4 million US jobs.
The vast majority of those lost works in China were in the manufacturing sector, which represents 74.4 percent of all lost works and amounted to 2.5 million manufacturing jobs lost. This total includes the 1.3 million American jobs since 2008.
John Binder is a Knitbart News reporter. Send an email to jbinder@breitbart.com. Follow it on Twitter here.
