US President Donald Trump said that if China does not cancel its 34% tariff countermeasures on US goods, the United States will impose an additional 50% tariff on Chinese goods from April 9. The White House later said that from April 9, the total tariff rate of the United States on China will reach 104%.
"If China does not withdraw its 34% tariff on top of its long-standing trade violations by Tuesday (April 8), the United States will impose an additional 50% tariff on Chinese goods starting April 9," Trump wrote in a post on Truth Social on Monday, Reuters reported.
He added: "In addition, all conversations about the Chinese request to talk to us will be terminated!" At the same time, the United States will immediately begin negotiations with other countries that have requested talks."
Trade frictions between the United States and China have continued to escalate since February. The U.S. government imposed a 10 percent tariff on all Chinese imports on February 4 and doubled the rate to 20 percent on March 4. On April 9, the Trump administration will impose an additional 34 percent tariff. Before Trump took office, the tariff on Chinese products entering the United States was an average of 13%, and since February 4, Trump has successively increased two 10% tariffs, and is expected to impose 34% tariffs on April 9, if his threatened 50% tariffs are implemented, then Chinese products entering the United States will be levied a total of 117% tariffs.
In response, China imposed a 15 percent tariff on coal and liquefied natural gas from the United States on February 10. An additional 10% will be imposed on crude oil, agricultural machinery, large vehicles and pickup trucks. On March 10, tariffs of 10 to 15 percent were imposed on some U.S. goods, including chicken, corn and cotton. It also plans to impose an additional 34 percent tariff on all goods originating in the United States, on top of the current rate, starting April 10.
In addition to tariffs, China has also taken a number of non-tariff measures in response, including the launch of anti-monopoly investigations against Google, Nvidia and some companies in China, and the inclusion of a number of US companies in export control and the "unreliable entity list"; At the same time, it has restricted trade, suspended the import of US logs and some agricultural products, and restricted the export of key resources such as rare earth to the United States. The above measures show that China is strengthening regulatory and trade countermeasures from multiple dimensions to cope with the continued pressure of the United States.
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