President Donald Trump posted a message to Truth Social on Monday warning China that it will be hit with 50% tariffs unless they withdraw their 34% tariffs on U.S. goods by Tuesday.
“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set,” the president wrote.
He added, “Therefore, 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.”
Trump also noted all negotiations between China and the U.S. will be suspended while other countries that have requested talks with America will be granted permission to begin negotiations immediately.
One nation coming to the negotiation table is Japan as POTUS explained Monday the Japanese Prime Minister is sending a team to work out a deal, with Trump stating, “They have treated the U.S. very poorly on Trade. They don’t take our cars, but we take MILLIONS of theirs. Likewise Agriculture, and many other ‘things.’ It all has to change, but especially with CHINA!!!”
In another part of President Trump’s Truth Social spree, he pointed out America’s “massive financial deficits with China and the European Union,” writing the only way they can be cured is with his tariff scheme.
During a flight on Air Force One, Trump told reporters, “The European Union was formed for one reason. You know what that was? To rip off the United States. So, put that in your bonnet.”
The 45th and 47th President called on “the slow moving Fed” to cut interest rates while informing the public that oil prices, interest rates and food prices are all down while inflation has come to a halt.
“The long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place,” he wrote.
President Trump went on to accurately note, “China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs.”
In fact, the Chinese state-run Central Huijin Investment “company” stepped in on Monday and increased its holdings in China stocks to try and stabilize the nation’s stock market amid a major slump due to the trade war.
European Commission President Ursula von der Leyen told reporters Monday that the EU is “ready to negotiate with the United States,” adding, “We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners. Because Europe is always ready for a good deal. So we keep it on the table.”
It appears as if the Trump tariffs are forcing a rapid response from nations across the globe that have been ripping off the U.S. for decades, which will ultimately stimulate the American economy.
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