President Trump threatens to impose more tariffs on China if they don’t withdraw retaliatory tariffs

china 1280.jpg

China recently announced retaliatory tariffs against the U.S.

Beginning April 10th, China will impose a 34 percent tariff on all U.S. goods, the same amount as President Trump’s reciprocal tariffs announced this week.

Today, President Trump made the announcement that the U.S. will impose more tariffs if China does not back down on Truth Social.

“If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose additional tariffs on China of 50%, effective April 9th.”

China plans to enact export controls on a number of materials used to make semiconductors.

Related Stories
USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
U.S. Trade officials announced new deals with El Salvador, Guatemala, Ecuador, and Argentina, as well as a steep reduction in tariffs on Swiss imports.
China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.
The request follows pressure from the American Sheep Industry Association (ASIA), which called for a formal investigation into whether lamb imports from Australia and New Zealand have cut into the U.S. market share.
David Hardin with the Indiana Soybean Alliance discusses USMEF’s push to open new global export markets for both meat and soy-based feed.
With the U.S.–Vietnam agreement nearing signature, U.S. cotton, corn, and soybean exporters could lock in new demand lanes just as global supply shifts.