{"id":2021,"date":"2025-04-09T08:32:20","date_gmt":"2025-04-09T03:02:20","guid":{"rendered":"https:\/\/ainews.prativad.com\/index.php\/trump-slaps-proud-china-with-104-tariffs\/"},"modified":"2025-04-09T08:32:20","modified_gmt":"2025-04-09T03:02:20","slug":"trump-slaps-proud-china-with-104-tariffs","status":"publish","type":"post","link":"https:\/\/ainews.prativad.com\/index.php\/trump-slaps-proud-china-with-104-tariffs\/","title":{"rendered":"Trump slaps \u2018proud\u2019 China with 104% tariffs"},"content":{"rendered":"
<\/div>

The US president has vowed to keep levies in place until Beijing makes a \u201cdeal\u201d<\/strong><\/p>\n

<\/strong>The United States has hiked tariffs on all Chinese imports to a staggering 104%, escalating the ongoing trade conflict and wiping out another $1.5 trillion from US stock markets on Tuesday.<\/p>\n

China had originally been set to face a 34% tariff increase on Wednesday, as part of President Donald Trump\u2019s so-called \u201creciprocal\u201d<\/em> measure targeting virtually all US trade partners. However, after Beijing responded with a proportional 34% duty of its own, the US president raised the blanket tariff to a total of 104%.<\/p>\n

\u201cAfter all of the abuses they\u2019ve perpetrated, China is attempting to impose additional unjustified tariffs,\u201d<\/em> Trump said at the National Republican Congressional Committee dinner in Washington on Tuesday.<\/p>\n

\n

That\u2019s why additional tariffs on Chinese goods are in place, effective midnight tonight at 104 percent. Until they make a deal with us, that\u2019s what it\u2019s going to be.<\/em><\/strong><\/p>\n<\/blockquote>\n

The White House published an amendment<\/a> to the April 2 executive order in which Trump declared a \u201cnational emergency\u201d<\/em>\u00a0over US trade deficit and imposed a baseline tariff on all imports to the US. The US administration said that nearly 70 countries had sought negotiations to mitigate the impact of the tariffs, as Trump pursues \u201ctailor-made deals\u201d<\/em> with individual nations.<\/p>\n

<\/em><\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"FILE
China vows to \u2018fight till the end\u2019 against Trump\u2019s tariffs<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

\n<\/p>

\u201cThese countries are calling us up. Kissing my ass. They are dying to make a deal: \u2018Please, please sir, make a deal. I\u2019ll do anything,\u2019\u201d<\/em> Trump claimed.<\/p>\n

The president went on to say that Beijing would also have to \u201cmake a deal at some point,\u201d<\/em> claiming that \u201cthey just don\u2019t know how to get it sorted because they\u2019re proud people.\u201d<\/em> Until then, he added, China \u201cwill now pay a big number to our Treasury.\u201d<\/em><\/p>\n

Beijing has previously condemned the escalating trade war as a form of \u201cblackmail\u201d<\/em> and \u201ceconomic bullying.\u201d<\/em> A spokesperson for the Commerce Ministry said on Tuesday that \u201cChina will fight till the end if the US side is bent on going down the wrong path.\u201d<\/em><\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"US
Tariffs personally cost Trump $500m \u2013 Forbes<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

The latest escalation has had a significant impact on US and global stock markets. Major indices such as the S&P 500, Dow Jones, and Nasdaq suffered further declines after a brief surge earlier this week, wiping an estimated $1.5 trillion from US markets on Tuesday.<\/p>\n

Trump acknowledged that the fallout from his move was \u201csomewhat explosive,\u201d<\/em> but defended his strategy, claiming that \u201csometimes you have to mix it up a little bit.\u201d<\/em> He insisted the tariffs were necessary to address perceived trade \u201cabuses\u201d<\/em> and to promote domestic manufacturing, adding that the US is already generating $2 billion a day from the levies.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

The US has hiked tariffs on all Chinese imports to a staggering 104%, wiping out another $1.5 trillion from US stock markets Read Full Article at RT.com<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"yoast_head":"\nTrump slaps \u2018proud\u2019 China with 104% tariffs - Leading the AI News Frontier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ainews.prativad.com\/index.php\/trump-slaps-proud-china-with-104-tariffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump slaps \u2018proud\u2019 China with 104% tariffs - 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