Donald Trump to add 50% tariff on China
Posted: Tue Apr 08, 2025 2:43 pm
Donald Trump says the United States will slap an additional 50% tariff on China. This is as a result of China’s retaliatory tariffs of 34%.
He says if China does not withdraw its 34% increase by tomorrow, the United States will impose additional tariffs on China which is 50% effective from April the 9th, 2025. That is what the markets in China and the rest of the world are facing at the moment.
What's your opinion on this?
He says if China does not withdraw its 34% increase by tomorrow, the United States will impose additional tariffs on China which is 50% effective from April the 9th, 2025. That is what the markets in China and the rest of the world are facing at the moment.
What's your opinion on this?