Trump threatens to impose an additional 50% rate on China

In a publication on its real social application, Trump said that “any country that retaliates against the US. Uu. When issuing additional rates, beyond its long -term tariff abuse already existing from our nation, it will immediately meet with new and substantially higher tariffs, beyond those that are initially established.”

He added: “Therefore, if China does not withdraw its 34% increase above its commercial abuses already in the long term for tomorrow, on April 8, 2025, the United States will impose additional tariffs to China of 50%, as of April 9”.

On April 2, Trump announced the so -called reciprocal import tariffDay of release”The president said the New taxes They are necessary to erase commercial imbalances between the United States and other countries, from China to members of the European Union.

In response to Trump’s imposition of a 34% rate on Chinese imports, which will enter into force on April 9, Beijing announced last week that it would add a 34% of import tariffs of all American products from April 10.

If Trump implements his plans, American tariffs on China imports would reach 104%combined. The new taxes would be at the top of 20% of tariffs aimed at stimulating China to take energetic measures against fentanyl traffic and its separate 34% rates announced last week.

Last year, the United States imported around $ 439 billion in China goods, ranging from Apple iPhones to clothing, according to data from the United States commercial representative.

Excluding the threat of an additional 50% tax in Chinese imports, US consumers could face higher costs of approximately $ 3,789 per year due to previously announced rates, according to an analysis of the Yale Budget Laboratory.

Consumers generally have the worst part of the tariffs because importers such as Walmart, who must pay import tariffs when they accept shipments from other nations, generally seek to extend all or most of the cost through higher price labels in imported goods. Due to these dynamics, many economists say that inflation is likely to revive this year.

Wall Street has been scared According to Mr. Trump’s growing commercial war, with economists warning that conflict could hit economic growth and even potentially trigger a recession.

In its publication on social networks threatening to add new tariffs to China, Trump added that he plans to begin negotiations with other nations “immediately.”

In a real social position separated on Monday, Trump also said he spoke with Japanese Prime Minister Shigeru Ihiba to begin trade negotiations. He complained: “They have treated the United States very bad in trade” and “do not take our cars, but we take millions of theirs.”

The White House commercial advisor, Peter Navarro, suggested that countries would need to do much more than simply reduce their own rates to reach the agreements, saying that they would have to make structural changes in their tax and regulatory codes.

“Let’s take Vietnam,” he said in CNBC. “When they come to us and they say: ‘We will go to zero rates’, that means nothing to us because it is the non -objective trap that matters.”

The Association press contributed to this report.

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