Beijing has responded to Trump’s tariff tantrum with the announcement that China will be imposing 125% measures on U.S. imports. As the Chinese Finance Ministry noted, “Even if the U.S. continues to impose higher tariffs, it will no longer make economic sense and will become a joke in the history of world economy.”
On the U.S. side, Trump has now announced a total of 145% tariffs on the nearly $440 BILLION in imports the U.S. brings in from China every year. Not only is it not sustainable, but the cost will be passed down to the American consumer.
All of this come as, Trump went from crashing the stock market with his announcement of plans for tariffs on dozens of countries, to bragging about how much money his billionaire friends made from its resurgence after he put a 90-day pause on non-China tariffs.
SOURCE LINKS:
9 April 2025 - The U.S. and China Are Still in a Trade War. Here’s How Much Business They Do.
11 April 2025 - China strikes back with 125% tariffs on U.S. goods as trade war intensifies
10 April 2025 - Trump Sees ‘Transition Problems’ With China Tariffs at 145%
10 April 2025 - The United States and China are locked in a faceoff over tariffs. No one wants to blink first.
11 April 2025 - China, Japan, South Korea and Southeast Asian officials talk US tariffs
3 April 2025 - Trump’s tariffs threaten US weapons production
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