It appears there is no end in sight to the dispute between the United States of America and the people's Republic of China over trade tariff. In a swift fulfilment of its stance, the U.S. has heightened the standoff by announcing a steep 104% tariff on Chinese imports after Beijing failed to meet a Tuesday deadline, requiring a lift on its retaliatory tariffs.
In a confirmation address, the White House Press Secretary Karoline Leavitt, disclosed the new tariffs during a press briefing on Tuesday 8, stating its immediate effect at midnight of April 9.
Leavitt while reaffirming Trump's administration of readiness to accommodate diplomatic discussions, reasserted that China made a strategic error by retaliating against earlier U.S. tariffs.
“The president, when America is punched, he punches back harder, that’s why there will be 104% tariffs going into effect on China tonight at midnight.”
The additional 104% tariff builds on Trump’s reciprocal tariffs plan, which already included significant levies on Chinese goods," the address concluded.
Recall that China in a retaliatory move to Trump’s “Liberation Day” tariff has vowed a 34% reciprocal tariff on U.S. imports, affirming her readiness to “fight to the end” and accusing the U.S. of “blackmail.”
The Trump administration has justified its aggressive trade measures by accusing China of employing non-market policies that grant it “global dominance in key manufacturing industries” and “decimating U.S. industry.”
During a meeting with Israeli Prime Minister Benjamin Netanyahu, Trump reaffirmed tariffs as a key component of his economic agenda. He dismissed calls for tariff relief, stating, 'We're not looking at that,' but expressed openness to negotiating 'fair deals and good deals with every country.' This stance underscores Trump's commitment to his economic vision, which includes imposing blanket tariffs ranging from 10% to 20% on all imports, with even higher rates for specific countries like China.
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