Trump hikes China tariff to 125%

The decision comes shortly after Beijing retaliated against Washington’s previous tariff rise

In a post on his Truth Social platform, Trump wrote that “based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.”

He expressed hope that Beijing would realize that “ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.”

The move came hours after China’s Finance Ministry announced a tariff hike of its own, which brought tariffs levied on American imports to a total of 84%, thus mirroring Washington’s previous increase by 50%.

The continual tit-for-tat escalation of the trade war between the world’s two top economies was set in motion when Trump imposed a 20% tariff on all Chinese goods in March. Last week, he added an additional 34%, to which Beijing responded in kind.

Writing on Truth Social, the US president also announced a 90-day pause and a “substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately” granted to the multitude of other nations that Washington has recently imposed sweeping tariffs on.

Trump cited calls made by “more than 75 countries” to the Departments of Commerce, Treasury, and the Office of the United States Trade Representative. According to the president, these nations expressed willingness to discuss trade barriers, tariffs, currency manipulation, and non-monetary tariffs.

Trump also pointed out that, unlike China, “these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States.”

https://www.rt.com/news/615482-trump-hikes-china-tariff/

China got all it's tech, which was stolen from the US by Israel given to them by Israel and Bill Clinton

I have extensive files proving this

Communist China Strikes Back: Slaps 84% Retaliatory Tariffs on U.S. Goods in Direct Response to Trump

“On April 8, 2025, the US government announced that it would increase the “reciprocal tariff” on Chinese goods exported to the US from 34% to 84%.

The US’s practice of escalating tariffs on China is a mistake on top of a mistake, which seriously infringes on China’s legitimate rights and interests, seriously damages the rules-based multilateral trading system, and seriously impacts the stability of the global economic order. It is a typical example of unilateralism, protectionism, and economic bullying.

In accordance with the Tariff Law of the People’s Republic of China, the Customs Law of the People’s Republic of China, the Foreign Trade Law of the People’s Republic of China and other laws and regulations and the basic principles of international law, and with the approval of the State Council, the State Council Tariff Commission announced that from 12:01 on April 10, 2025, the tariff rate specified in the Announcement of the State Council Tariff Commission on Imposing Additional Tariffs on Imports Originating in the United States (Tariff Commission Announcement No. 4 of 2025) will be adjusted from 34% to 84%. Other matters shall be implemented in accordance with the Announcement No. 4 of 2025 of the Tariff Commission.

China urges the US to immediately correct its wrong practices, cancel all unilateral tariff measures against China, and properly resolve differences with China through equal dialogue on the basis of mutual respect.”

https://gss.mof.gov.cn/gzdt/zhengcejiedu/202504/t20250409_3961685.htm

Acting IRS commissioner resigning after agency reaches data-sharing deal with immigration authorities

Melanie Krause has been leading the IRS through a time of extraordinary change. As we focus on IT modernization and re-organize the agency to better serve the taxpayer, we are also in the midst of breaking down data silos that for too long have stood in the way of identifying waste, fraud, and abuse and bringing criminals to justice.

We believe these goals are critical to a more efficient government and safer country. We wish Melanie well on her next endeavor.

Krause’s retirement marks the third departure this year by an IRS commissioner. The Gateway Pundit previously reported then-acting commissioner Doug O’Donnell retired in February amid TRump’s crackdown on the deep state bureaucracy.

https://edition.cnn.com/2025/04/08/politics/melanie-krause-acting-irs-commissioner-resigning/index.html

US Equities Explode Higher As Trump "Pauses" Reciprocal Tariffs For 90 Days (Except China)

The President wrote on his Truth Social account:

Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.

At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.

Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, …

…I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.

Thank you for your attention to this matter!

https://www.zerohedge.com/markets/china-holds-back-retaliation-opts-strategic-messaging-through-white-paper-trade

Trump Drops the Hammer on Big Pharma — MASSIVE Tariffs Incoming!

Trump:

“We’re going to do something that we have to do: we’re going to tariff our pharmaceuticals. And once we do that, they’re going to come rushing back into our country, because we’re the big market. The advantage we have over everybody is that we’re the big market.

So, we’re going to be announcing very shortly a major tariff on pharmaceuticals. And when they hear that, they will leave China. They will leave other places, because they have to sell — most of their product is sold here — and they’re going to be opening up their plants all over the place in our country.

We’re going to be announcing that. So, that’s breaking news.

That’s what’s going to happen. What other presidents allowed China to get away with is absolutely criminal. But I’m not like the other presidents — and it’s not going to happen under President Trump. It’s just not going to happen.”

https://twitter.com/i/status/1909778617816526901