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  5. US Imposes 104% Tariff on Chinese Goods

US Imposes 104% Tariff on Chinese Goods

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China has blasted the US move, calling it "blackmail" and vowed to "fight it to the end". The US has imposed targeted tariffs of up to 50% on many trading partners, set to take effect on Wednesday.

  1. CN
    Chinese Commerce Ministry
    1. The US threat to escalate tariffs on China is a mistake on top of a mistake and once again exposes the blackmailing nature of the US. China will never accept this.
  2. CN
    Lin Jian
    Chinese Ministry of Foreign Affairs
    1. Tariff wars have no winners, and protectionism has no way out. Chinese people don't make trouble, but are not afraid of it. Pressure, threats and blackmail are not the right way to deal with China.
  3. GB
    Rachel Reeves
    Labour Party
    1. In terms of buying British, I think everyone will make their own decisions.
  4. US
    Karoline Leavitt
    Republican Party
    1. He [Mr Trump] believes China has to make a deal with the United States.
  5. US
    Donald Trump
    Republican Party
    1. It was a mistake for China to retaliate. When America is punched, it punches back harder. That's why there will be 104% tariffs going into effect on China tonight at midnight but the president believes Xi and China want to make a deal; they just don't know how to get that started.
    2. China also wants to make a deal, badly, but they don't know how to get it started. We are waiting for their call. It will happen!
  6. US
    Jamieson Greer
    US Trade Representative
    1. The president has been clear, again, that he's not doing exemptions or exceptions in the near term.
  7. US
    Kevin Hassett
    White House National Economic Council
    1. Right now, we've received the instruction to prioritise our allies and our trading partners like Japan and Korea and others.
  8. GB
    Paul Ashworth
    Capital Economics
    1. The most likely next step is that Trump will quickly announce a few 'deals' that reduce the prohibitive reciprocal tariffs rates on some of the hardest hit countries.

Trump's tariffs

  1. Donald Trump Announces 90-Day Tariff Reduction with China
  2. US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
  3. Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

sources

  1. 1.DW News
  2. 2.The Times of India
  3. 3.France 24
  4. 4.CNA News
  5. 5.Le Monde
  6. 6.Al Jazeera
  7. 7.BBC
  8. 8.The Korea Herald
  9. 9.The Guardian
  10. 10.ABC News (Australia)
  11. 11.The Washington Post
  12. 12.ABC News

perspectives

  1. 1.US under Donald Trump
  2. 2.Chinese Foreign Policy
  3. 3.US-China Relations
  4. 4.Immigration to the US
  5. 5.US Economy
  6. 6.Inflation
  7. 7.Trade Agreement
  8. 8.World Economy
  9. 9.US-India relations
  10. 10.Mexico under Claudia Sheinbaum
  11. 11.US-EU relations
  12. 12.United States–Mexico–Canada Agreement

countries

  1. 1.ChinaCN
  2. 2.FranceFR
  3. 3.United KingdomGB
  4. 4.Hong KongHK
  5. 5.IndonesiaID
  6. 6.IndiaIN
  7. 7.ItalyIT
  8. 8.JapanJP
  9. 9.CambodiaKH
  10. 10.Korea, Republic ofKR
  11. 11.LuxembourgLU
  12. 12.NetherlandsNL

organizations

  1. 1.White HouseUS
  2. 2.JPMorgan Chase
  3. 3.Truth Social
  4. 4.European Commission
  5. 5.European Union
  6. 6.Capital EconomicsGB
  7. 7.Nasdaq
  8. 8.Republican Party
  9. 9.TeslaUS
  10. 10.ABN Amro
  11. 11.Bank of England
  12. 12.Barclays BankGB

persons

  1. 1.Donald TrumpUS
  2. 2.Karoline LeavittUS
  3. 3.Elon MuskUS
  4. 4.Scott BessentUS
  5. 5.Giorgia MeloniIT
  6. 6.Jamieson GreerUS
  7. 7.Peter NavarroUS
  8. 8.Ursula Von Der LeyenDE
  9. 9.Xi JinpingCN
  10. 10.Andrew Bailey
  11. 11.Brian Snyder
  12. 12.Carlos Barria

technicals

  1. 1.Air Force One
  2. 2.Covid-19 Pandemic
  3. 3.Liberation Day