New York, April 8: President Donald Trump has threatened China with an additional 50 per cent tariff that would take the total levies to more than the value of products while doubling down on the global reciprocal tariffs. He wrote on Truth Social on Monday that 슬롯사이트if China does not withdraw its 34 per cent increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the US will impose ADDITIONAL Tariffs on China of 50 per cent, effective April 9th". He also said that he would end any negotiations with Beijing on tariffs.
Combined with other tariffs, the total tariffs would zoom to 104 per cent. If neither side blinks in the US-China tariff standoff, levies higher than the cost of the imported products could have a devasting effect on US consumers who rely on China for many everyday things. Trump was reacting to China슬롯사이트s announcement that it was imposing 34 per cent tariffs on US imports, matching the reciprocal levy Trump announced for that country last week.슬롯 머신 사이트 추천China Stock Market Suffers Worst Crash Since 2008 Amid Tariff War With US, Hang Seng Drops 12%, CSI 300 Falls 9% After Trump슬롯사이트s Imposes 34% Tariff on Chinese Imports.
Ruling out any pause in the reciprocal tariffs, Trump told reporters, 슬롯사이트We슬롯사이트re not looking at that슬롯사이트�. Speaking after a meeting with Israel슬롯사이트s Prime Minister Benjamin Netanyahu, he said, 슬롯사이트I don't mind going through it because I see a beautiful picture at the end슬롯사이트�. Trump슬롯사이트s threats came as the US stock markets stopped their vertiginous drops last week, with the NASDAQ eking out a 0.1 per cent on Monday, while the broader S&P Index was down only 0.23 per cent.
For a while, there was a green blip when S&P was up 3.4 per cent on rumours that there would be a 90-day pause on the reciprocal tariffs before the White House shot it down and it dropped. Trump asserted, 슬롯사이트We are making tremendous progress with a lot of countries. And the countries that really took advantage of us are now saying, 슬롯사이트Please negotiate슬롯사이트�슬롯사이트�. Trump said after a phone call with Japanese Prime Minister Shigeru Ishiba that Tokyo was sending a delegation to negotiate.슬롯 머신 사이트 추천Chinese Embassy Mentions Donald Trump's X Account in Post Without Any Context or Comment Day After US President Threatens Additional Tariffs of 50% on Beijing.
Secretary of State Marco Rubio discussed in a call with External Affairs Minister S Jaishankar the reciprocal tariffs on India and 슬롯사이트how to make progress toward a fair and balanced trade relationship슬롯사이트�, the State Department said. European Union President Ursula von der Leyen offered the US a 슬롯사이트zero-for-zero" deal scrapping tariffs on industrial goods, including cars if Trump would reciprocate. 슬롯사이트We're always ready for a good deal슬롯사이트�, she posted on X.
But she warned, 슬롯사이트We슬롯사이트re also prepared to respond with countermeasures. And protect ourselves against indirect effects through trade diversion슬롯사이트�. According to reports, the EU would impose its own reciprocal tariffs in two stages, one next week and another in May. Two Republican Senators, Mike Lee and Ron Johnson, urged Trump in X posts to accept the deal. Although no tariff concession for Israel was announced, Netanyahu said that Israel would eliminate the US trade deficit with his country and suggested that it would be a model for other countries.
(The above story first appeared on LatestLY on Apr 08, 2025 08:45 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).