US forges ahead with 104% tariffs on China, says willing to talk to other countries
https://www.reuters.com/world/china-criticises-trump-tariff-blackmail-market-turmoil-settles-2025-04-08/
Posted by joe4942
US forges ahead with 104% tariffs on China, says willing to talk to other countries
https://www.reuters.com/world/china-criticises-trump-tariff-blackmail-market-turmoil-settles-2025-04-08/
Posted by joe4942
10 comments
The United States has announced that it will impose 104% duties on imports from China, with the tariffs taking effect shortly after midnight. The Trump administration has scheduled talks with other trading partners, including South Korea and Japan, but has made it clear that country-specific tariffs will still take effect as planned. The tariffs have raised fears of recession and have already caused US stocks to retreat, with global markets also feeling the impact. China has refused to back down, vowing to “fight to the end” and imposing its own counter-tariffs, while the European Commission is considering counter-measures, including a 25% tariff on US goods such as soybeans and nuts. The tariffs are expected to have a significant impact on consumers, with three out of four Americans expecting prices to rise, and companies such as Micron and US clothing retailers already feeling the effects.
Balkanization of the US seems like the only way to at least keep the productive parts of North America intact. I can‘t believe everyone get dragged into the hole dug by the uneducated utter trash just because they happen to belong tp the same country.
JD Vance: “We borrow money from Chinese peasants to buy the things those Chinese peasants manufacture.”
Just the VP being openly racist. No big deal.
At some point it’s not going to make a difference
I was commenting here that tariffs is just for china. Just wait American adminstration will all tariffs deal with every country expect china and countries that will sell chinese goods and forget about that if govt change in next election there will be policy change.. No it’s over for USA and china relationship. Now it’s new cold war of USA and China started that why USA don’t care about Russia anymore.. They want to focus on china. Maybe europe don’t like but this is reality and you have to expect it. It’s over.
Very good
Trumpian US imposing a 104% tariff on imported goods from China will force all remaining US allies to economically align with China, with the end goal of replacing the USD with CNY/EUR as the world’s reserve currency.
At this point china will indirectly trade with USA.
Chinese cargo ships will sail to low tariff country and make its way to USA again.
It is like eu doesn’t trade with Russia but Russian gas is sold to Europeans through Turkey.
Its utterly unbelievable how people are behaving in these comments, why in the world should Europe or anyone who has a basic sense of decency align with China on this? They are the same nation that runs literal concentration camps in Xinjiang, crushes protests against their Authoritarian system, openly threatens war against almost all their neighbors, *actually does aggressive moves* in the South China Sea, and don’t get me started on the millions of deaths from a global pandemic that they carelessly kept on a laboratory until it escaped to cause havoc in the world for 2 years.
They are the same nation that brutalizes millions in sweatshops and crushes dissent with the same ease and people are *actually* suggesting that they are somehow a lesser evil compared to Trump’s America???
Seems the CCP can be an unrepentant economic scammer, liar, and thief against the US for so long until it gets a response it may not like. Long overdue, but like Churchill said, you can expect the Americans to do everything wrong first before they do the right thing. The CCP’s strategy was to latch onto the US until it’s no longer needed, thus the US’s best course is to flick it off before it’s too late.
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