US President Donald Trump has issued a fresh threat to China, warning of additional 50% tariffs unless Beijing withdraws its retaliatory trade measures.
The ultimatum, posted on Truth Social, demands that China reverse its “34% increase above their already long-term trading abuses” by April 8, 2025, or face steep new duties effective the following day.
“If China does not withdraw… the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump declared. He added that all discussions with Chinese officials would be cancelled if the country fails to comply. “Additionally, all talks with China concerning their requested meetings with us will be terminated!” he wrote.
The warning comes as global markets continue to reel from rising trade tensions and recession fears. Despite the rout, Trump remained defiant, urging supporters to stay the course: “Be Strong, Courageous, and Patient, and GREATNESS will be the result!”
The Dow Jones tumbled 800 points and the S&P 500 edged closer to bear market territory after Donald Trump threatened to impose higher tariffs on China.
The escalating rhetoric has stoked investor anxiety, with concerns mounting that the standoff could trigger a deeper downturn in both the US and global economies. Beijing has yet to issue an official response to Trump’s latest comments.
First Published: Apr 7, 2025 9:46 PM IST
