TRUMP UNLEASHES TRADE FURY: China Tariffs Soar to 125% as US President Declares 90-Day Tariff Truce with Other Nations

In a shocking move, Donald Trump has announced a massive hike in tariffs on Chinese imports to 125%, citing China’s “lack of respect” for global markets. This drastic measure comes on the heels of China’s retaliatory 84% tariff on US imports, imposed after Trump’s earlier 104% tariff on Chinese goods [1).

In a Truth Social post, Trump declared, “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.”

However, Trump also offered a 90-day olive branch to other nations, announcing a “PAUSE” on higher tariffs and slashing reciprocal tariffs to 10%. This move aims to foster negotiations with over 75 countries that have reached out to the US.

Trump’s post explained, “Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States… to negotiate a solution… I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

This dramatic escalation in the trade war between the US and China has sparked concerns about the impact on global markets. As tensions continue to rise, the world watches with bated breath, wondering what’s next in this high-stakes game of trade tit-for-tat.