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Posted on 04/03/2025 8:09:55 PM PDT by SoConPubbie
China Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on all U.S. trading partners around the world.
The U.S. move disregards the balance of interests reached in multilateral trade negotiations over the years and the fact that it has long benefited greatly from international trade, the Chinese Commerce Ministry said in a statement.
'SAFEGUARD RIGHTS & INTERESTS'
"China firmly opposes this and will take countermeasures to safeguard its own rights and interests," the ministry said, as the world's largest economies look set to spiral deeper into a trade war that stands to upend global supply chains.
Trump on Wednesday announced China would be hit with a 34% tariff, on top of the 20% he previously imposed earlier this year, bringing the total new levies to 54% and close to the 60% figure he had threatened while on the campaign trail.
Chinese exporters, as with those from every other economy, will face a 10% baseline tariff, as part of the new 34% levy, on almost all goods shipped to the world's largest consumer economy from Saturday before the remaining, higher "reciprocal tariffs" take effect from April 9.
Trump also signed an executive order closing a trade loophole known as "de minimis" that has allowed low-value packages from China and Hong Kong to enter the U.S. duty free.
Trump had ordered the U.S. Trade Representative to determine whether China was living up to its commitments under the 2020 "Phase 1" U.S.-China trade agreement by April 1.
The deal had required China to increase purchases of U.S. exports by $200 billion over a two-year period, but Beijing failed to meet its targets when the COVID-19 pandemic struck.
(Excerpt) Read more at newsmax.com ...
Looks like President Trump got their attention.
Extreme FEAR PORN!
Hit them again.
Harder.
L
No.
What are they cooking up in Wuhan?
Agreed. That said we need to be able to produce some things we’ve outsourced to them. And soon. Steel and pharma to name two.
Dear China, your economy is a rapidly collapsing ponzi scheme, with rampant graft, corruption, fraud, waste and abuse. Your population is decreasing.
YOU need us WE do not need you. (there are a few bumps we will need to endure and adapt, but we WILL be successful!)
Screw you, Xi and the CCP!!!
RE: Urges US to Immediately Lift Tariffs
Why doesn’t China lift her tariffs first? Lift yours and we’ll lift ours. That’s the way it’s going to be.
We’ll find out all too soon, when their time is just right, for another ‘release’.
As been said on here
China has no consumer market
China is a demand economy
China has 730M people to employ
If China sends 200M back to subsistence farming, i’m confident Chairman Xi will see a 1989 Tiananmen Square in a 50 cities. The youth like their iPhones, sharing a Lada vehicle with 3 other couples n lattes.
Could China dump our Treasuries or stop buying them IOW supporting our deficit spending - idk, I don’t follow that angle of China - I’m just an amateur.
Not true. In 2018 Trump used Sec. 301 to add a 25% general duty to most Chinese products
That means most products from China would now be: Original "most favored nation" Rate for the particular product + 25% + 20% + 34%
Most products coming from China would easily be >79% import duty.
I think with some countries, Trump intends to negotiate down the just announced reciprocal rates, but will leave China where it is, effectively removing them from the US market.
"Bird Flu, version 3.2".
[speculation]
The problem is that they are using Chinese prisoners to test their concoctions. What they are cooking up will have a distinct affinity for persons of Han Chinese ethnic ancestry.
Just like COVID-19 did.
Oops!
Maybe they will get lucky again and the next plague will weaken quickly once they screw up and accidently release it into their own population.
[/speculation]
.
I want you to anger Trump so much that he cancels all of your Student/Spy visas and sends them back home
This would be a double victory at home, it would finally make the cost of a college education affordable again for the average American over night, and it would gut the leftist educational-indoctrination complex.
They have a huge trade surplus with us. If we both tariff the crap out of each other, they lose.
Retaliation already underway.
On menus—— with 6 you don’t get egg roll.
((Family restaurants used to have deals on special Chinese meals and there was a movie with Doris Day and Brian Keith satirizing this called....
Flack,
.... Put your nose down and get hits
.... Ram it home girls, ram it home.
First, the CCP should arrest and execute all fentanyl dealers in China. Then maybe we’ll talk about tariffs.
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