WASHINGTON, United States (AFP) — United States (US) President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing did not withdraw its retaliation plans, adding that Washington would begin talks with other countries that want negotiations.
The fresh action would stack on an already steep US rate taking effect Wednesday, the White House told AFP, bringing the total figure to a prohibitive level.“If China does not withdraw its 34 per cent increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50 per cent, effective April 9th,” Trump said in a Truth Social post.
As part of a broader plan to impose “reciprocal” tariffs on countries with which the United States has large trade deficits, Trump last week unveiled a 34 per cent additional tariff on China, taking effect Wednesday.
Beijing’s counter tariff matches Washington’s figure and is set to kick in on April 10. These will stack on existing Chinese duties too.
The world’s second biggest economy has also issued other countermeasures, including export controls on rare earth elements.