President Donald Trump is threatening China with additional 50-percent tariffs in response to President Xi Jinping’s announcement that the communist country would impose retaliatory tariffs on the United States.
Last week, during a speech in the Rose Garden, Trump announced reciprocal tariffs on countries that have historically imposed high tariffs on the United States. Among those countries is China, which Trump slapped a 34-percent tariff on in addition to the tariffs that have been in place on China since Trump’s first term that former President Joe Biden did not end.
In response to the reciprocal tariffs, China announced retaliatory tariffs of 34 percent on U.S. goods. Now, Trump says that if the tariffs against the United States are not withdrawn, China will face an additional 50-percent tariff.
“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set,” Trump wrote on Truth Social
