Trump on Monday threatened to extend tariffs in opposition to China once more if Beijing would not take away the retaliatory tariffs it positioned on the U.S.
Trump wrote on his social media platform that “if China doesn’t withdraw its 34% enhance above their already long run buying and selling abuses by tomorrow, April eighth, 2025, the US will impose ADDITIONAL Tariffs on China of fifty%, efficient April ninth.”
“Moreover, all talks with China regarding their requested conferences with us can be terminated! Negotiations with different international locations, which have additionally requested conferences, will start going down instantly,” he added.
White Home Press Secretary Karoline Leavitt listens, as President Donald Trump speaks to reporters whereas in flight on Air Pressure One, en path to Joint Base Andrews on April 6, 2025.
Mandel and/AFP
A senior White Home official stated that this could be along with the 34% “reciprocal” tariff Trump introduced final week set to enter impact on Wednesday and the 20% that’s already in place, making for a possible whole of a 104% tariff.
-ABC Information’ Mary Bruce
