Beijing – China said Tuesday that “it would fight until the end” and would take countermeasures against the United States to safeguard their own interests after President Donald Trump threatened An additional 50% tariff on Chinese imports.
The Ministry of Commerce said that the imposition of the United States of “called ‘reciprocal tariffs” in China is “completely unfounded and is a typical unilateral harassment practice.”
China, the second largest economy in the world, has taken retaliation rates and the Ministry hinted at its last statement that it can come more.
“The countermeasures that China has taken aims to safeguard their interests for sovereignty, security and development, and maintain the normal international trade order. They are completely legitimate,” said the ministry.
“The threat of the United States to increase tariffs on China is an error in addition to an error and once again exposes the chantajal nature of the United States. China will never accept this. If the United States insists in its own way, China will fight until the end,” he added.
Trump’s threat on Monday of additional tariffs about China raised new concerns that his impulse to reject the global economy could intensify a financially destructive commercial war. Tokyo’s stock markets to New York have become more unstable as the war worsens worsens.
Trump’s threat occurred after China said Reprisals would be taken against us the rates announced last week.
“If China does not withdraw its 34% increase above its commercial abuses already in the long term for tomorrow, on April 8, 2025, the United States will impose additional tariffs to China of 50%, as of April 9,” Trump wrote in Truth Social. “In addition, all conversations with China about their meetings requested with us will be fired!”
If Trump implements his new tariffs in Chinese products, American tariffs on Chinese products would reach 104%combined. The new taxes would be at the top of the 20% rates announced as punishment for the traffic of fentanil and its tariffs separate from 34% announced last week. Not only that can increase prices for US consumers, but also could give China an incentive to flood other countries with cheaper goods and seek deeper relations with other commercial partners, particularly with the European Union.
Trump frequently boasted the profits of the stock market during his first mandate, and the threat of losses in Wall Street was seen as a possible mass of protection in risky economic policies in his second mandate. But that has not been the case, and Trump has described days of financial pain as necessary.
“I don’t mind going through that because I see a beautiful photo at the end,” he said.
Trump officials have often appeared on television to defend their policies, but none of their explanations have calmed the markets. The only improvement came from a False report That main economic advisor Kevin Hassett said Trump was considering a pause in all rates, except in China. The prices of the actions shot before the White House denied that it was true by calling the publication “false news”.
China is one of the main commercial partners of the United States, especially for consumer goods, and rates, essentially an import tax paid by US companies, will eventually be transmitted to the consumer.
The president of the European Commission, Ursula von der Leyen, said that the European Union would focus on trade with other countries in addition to the United States, saying that there are “Great opportunities” elsewhere.
The total trade of US goods with China was an estimate of $ 582 billion in 2024, which makes it the main merchant of goods with the US. UU. The 2024 deficit with China in the trade of goods and services was between $ 263 billion and $ 295 billion.
In Hong Kong, where the actions were slightly higher on Tuesday, executive president John Lee criticized the latest US tariffs such as “intimidation”, saying that “ruthless behavior” has damaged global and multilateral trade and brought great risks and uncertainties to the world.
Lee said the city would link its economy closer to China’s development, sign more free trade agreements, will attract more foreign companies and capital to Hong Kong and support local businesses to face the impact of tariffs.
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The writers of Associated Press Chris Megerian and Josh Boak in Washington, Christopher Bodeen in Taipei, Taiwan and Kanis Leung in Hong Kong contributed to this report.
