{"id":132884,"date":"2025-04-08T01:23:09","date_gmt":"2025-04-08T01:23:09","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/donald-trump-threatens-new-50-tariffs-on-china-bbc\/"},"modified":"2025-04-08T01:23:09","modified_gmt":"2025-04-08T01:23:09","slug":"donald-trump-threatens-new-50-tariffs-on-china-bbc","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/donald-trump-threatens-new-50-tariffs-on-china-bbc\/","title":{"rendered":"Donald Trump threatens new 50% tariffs on China &#8211; BBC"},"content":{"rendered":"<p>Donald Trump has threatened China with an additional tariff of 50% on goods imported into the US if it does not withdraw a countermeasure, as global markets tumbled for a third day.<!-- --><br \/>Speaking at the White House on Monday, the US president said that he was not considering a pause on new tariffs to allow for negotiations with other countries.<!-- --><br \/>&quot;We&#x27;re not looking at that. We have many, many countries that are coming to negotiate deals with us, and there are going to be fair deals,&quot; he said.<!-- --><br \/>Trump reiterated his threat of 50% duties on Chinese goods if Beijing did not retract its counter-tariff plans by Tuesday. If imposed, US companies bringing in certain goods from China could face a 104% tax.<!-- --><br \/>In a post on his <!-- --><a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114297331052690348\" class=\"sc-c9299ecf-0 beIoQm\">social media platform<!-- --><\/a>, Truth Social, Trump said he would introduce the extra tariff unless China withdrew its own 34% counter-tariff on American goods, which it announced on Friday.<!-- --><br \/>Trump said last Wednesday that he would impose a tax of 34% on Chinese imports as part of his &quot;Liberation Day&quot; that placed a minimum 10% levy on nearly all of America&#x27;s trading partners.<!-- --><br \/>If he does impose that, US companies would then pay a total rate of 104% on Chinese imports- as it comes on top of 20% tariffs already put in place in March and the 34% announced last week.<!-- --><br \/>Trump said China had introduced its countermeasure &quot;despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs&#8230; will be immediately met with new and substantially higher Tariffs&quot;. <!-- --><br \/>Beijing shot back, saying that &quot;pressuring or threatening China is not a right way to engage&quot;.<!-- --><br \/>&quot;The U.S. hegemonic move in the name of &#x27;reciprocity&#x27; serves its selfish interests at the expense of other countries&#x27; legitimate interests and puts &#x27;America first&#x27; over international rules,&quot; Chinese Embassy spokesperson Liu Pengyu said in a statement. <!-- --><br \/>&quot;This is a typical move of unilateralism, protectionism and economic bullying.&quot; <!-- --><br \/>Speaking from the White House, the US president said there could be both permanent tariffs and negotiations.<!-- --><br \/>&quot;We have $36 trillion debt for a reason,&quot; he said, adding that the US would be talking to China among other countries to make a &quot;fair deal and a good deal&quot;.<!-- --><br \/>&quot;It&#x27;s now America first,&quot; the US president said.<!-- --><br \/>The escalating tension between the US and China has increased fears of a global trade war. The tariffs would come as a major blow to China&#x27;s manufacturers, for whom the US is a key market for exports. <!-- --><br \/>Uncertainty around the tariffs led to a <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/czrvngj03jlo\" class=\"sc-c9299ecf-0 beIoQm\">turbulent day on global stock markets<!-- --><\/a>.<!-- --><br \/>Markets worldwide have tumbled since Trump announced fresh tariffs on imports from nearly all economies. <!-- --><br \/>The value of US stock markets dropped sharply again on opening, while Europe&#x27;s biggest markets, including London&#x27;s FTSE 100, have all closed more than 4% down.<!-- --><br \/>Asian share indexes nosedived, with Hong Kong&#x27;s Hang Seng index falling by more than 13%, its biggest one-day fall since 1997.<!-- --><br \/>The impact on the FTSE 100, America&#x27;s S&amp;P 500, Germany&#x27;s Dax and Japan&#x27;s Nikkei has been wide-ranging.<!-- --><br \/>Trump&#x27;s post also indicated that negotiations on countries&#x27; tariff rates would &quot;begin taking place immediately&quot;.<!-- --><br \/>Trump met Benjamin Netanyahu, Israel&#x27;s prime minister, on Monday in the White House. Netanyahu said that his country would eliminate the trade imbalance with the US, which he said was the &quot;right thing to do&quot;.<!-- --><br \/>&quot;We intend to do it very quickly&#8230; and we&#x27;re going to also eliminate trade barriers.&quot;<!-- --><br \/>Israel faces a 17% tariff from April 9 under Trump&#x27;s &quot;Liberation Day&quot; policy.<!-- --><br \/>The US president also <!-- --><a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114296909356614075\" class=\"sc-c9299ecf-0 beIoQm\">posted earlier<!-- --><\/a> that Japan was sending a negotiation team to discuss tariffs.<!-- --><br \/>And Ursula von der Leyen, the president of the European Commission, offered Trump a &quot;zero-for-zero tariff&quot; deal &#8211; although she previously said that she had not ruled out retaliation. <!-- --><br \/>&quot;We are also prepared to respond through countermeasures and defend our interests,&quot; she said.<!-- --><br \/>Trump said later that the EU had been formed &quot;to really do damage to the United States and trade&quot;. <!-- --><br \/>A 16-year-old volunteer firefighter trying to rescue people in the storm was among the 22 killed.<br \/>A federal judge had last month paused the Trump administration&#x27;s use of the 1798 Alien Enemies Act for deportations. <br \/>The US president says negotiations have taken place at a &quot;very high level&quot; between the two countries.<br \/>The government is leaning into this moment of turbulence but can it make a difference.<br \/>The Trump administration argues that El Salvador cannot be compelled to return Kilmar Abrego Garcia, a Salvadorian migrant, to the US.<br \/>Copyright 2025 BBC. All rights reserved.\u00a0<!-- --><i id=\"\" class=\"sc-7dcfb11b-0 kKcaog\">\u00a0<!-- --><\/i>The<!-- --><i id=\"bbc\" class=\"sc-7dcfb11b-0 kKcaog\"> BBC <!-- --><\/i>is<!-- --><i id=\"not-responsible-for-the-content-of-external-sites.\" class=\"sc-7dcfb11b-0 kKcaog\"> not responsible for the content of external sites.<!-- --><\/i>\u00a0<!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/editorialguidelines\/guidance\/feeds-and-links\" class=\"sc-c9299ecf-0 beIoQm\"><b id=\"read-about-our-approach-to-external-linking.\" class=\"sc-7dcfb11b-0 kVRnKf\">Read about our approach to external linking.<!-- --><\/b><\/a><br \/>\u00a0<!-- --><\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMiWkFVX3lxTE8telhHSy1JMmFVNnVMQjF5dGRIUUZfX0lGZDk5N3ZNdGNMeHItc01WakE3bThvWjVzSm80NEIxNUY4UGRrd1RLNG9CUTVsWmRmb3liS01rMWE2d9IBX0FVX3lxTFA5M1BOandmclA0bkdjTXJqME9XWFAyRGVLbWdSNUxZM0QwRkl1VV90RHdmSHBmQ0I5UlRxUGRvQmswVVh0SHFLZ182blplXzNLVnlUU3lLSlRXUmhoR3NV?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump has threatened China with an additional tariff of 50% on goods imported into the US if it does not withdraw a countermeasure, as global markets tumbled for a third day.Speaking at the White House on Monday, the US president said that he was not considering a pause on new tariffs to allow for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":132885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-132884","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/132884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=132884"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/132884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/132885"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=132884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=132884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=132884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}