China is slapping 84 percent tariffs on U.S. goods from Thursday, ramping the impost up from the 34 percent as previously announced, its finance ministry said on Wednesday.
Beijing’s hurried move is just the latest shot in an international trade war sparked by U.S. President Donald Trump as he works to level the playing field for global trade after China’s President Xi Jinping refused to withdraw retaliatory tariffs placed on America, as Breitbart News reported.
Kevin O'Leary goes OFF on China, says Xi Jinping would be "on an airplane tomorrow to cut a deal" if Trump raises tariffs on the Communist nation to 400% pic.twitter.com/3w0o9TiuHM
— Breitbart News (@BreitbartNews) April 9, 2025
"This is not about tariffs anymore. Nobody has taken on China yet -- not the Europeans. No…
Last week, Trump announced reciprocal tariffs on countries that have historically imposed high tariffs on the U.S., including China, which faced a 34 percent tariff in addition to existing tariffs on its goods.
The Communist dictatorship’s own Customs Tariff Commission of the State Council said Trump is making a “mistake” with the government news mouthpiece Global Times urging the U.S. to back down, declaring:
The US escalation of tariffs against China is a mistake on top of a mistake; it seriously infringes upon China’s legitimate rights and interests and gravely undermines the rules‑based multilateral trading system, said the commission.
China urges the US to immediately correct its wrong practices, cancel all unilateral tariff measures against China, and properly resolve differences with China through equal dialogue on the basis of mutual respect.