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Retaliation with equal rates comes into force from April 10. “China wondered her card and panicked – the only thing they couldn’t have done,” the US president warned.
US President Donald Trump said on Friday that China is “in a panic” after Beijing’s response to the new tariffs imposed by the US authorities.
“China badly threw his card and panicked “The only thing they couldn’t have done,” wrote the US president in capital letters in one on the Truth Social network.
Trump’s message was released a few hours after the Chinese government announced retaliation tariffs, which will be implemented As of April 10 And they will be added to other rates Beijing has already implemented in response to the commercial war released by the United States.
In addition, China has announced sanctions against some US companies, a lawsuit filed in the World Trade Organization (WTO), as well as restrictions on exporting some rare lands.
This package of rates is a response to the imposition of a 34% tariff on imports from the world’s second largest economy, by Trump on Wednesday as part of their “Reciprocal rates”, In addition to the 20% rate that the US has already imposed on China.
On Wednesday, Trump still imposed high rates on the countries to which Chinese factories were transferred after commercial conflicts between Washington and Beijing during the president’s first term (2017-2021), including Vietnam (46%), Cambodia (49%) and Laos (48%), blocking export of Chinese products.
Already this Friday, Trump said he is open to close agreements with the countries affected by the tariffs if they offer him “Something phenomenal”giving as an example the popular application TiktokWashington requested that it be separated from its Chinese headquarters so that it could continue to operate in the US.
Tariffs – introduced into what Trump called “Liberation Day” – represent the most aggressive measure in their trade policy, which allegedly seeks to reduce US commercial deficit and boost the country’s reindustrialization, leveraging foreign investment.
However, this strategy also threatens to push the most dependent economies of their exports to the US for an almost immediate recession, and aggravate the trade war that the White House has triggered.
