fredag 11 april 2025

The tariff crisis Reactions to the tariffs

Skärmdumpar från AI-genererade klipp. 

China is pushing Trump both officially and online
 
AI-generated joke clips about Donald Trump's tariff policy have become popular on China's tightly controlled internet. The theme of the clips that are being spread is generally round Americans toiling in Donald Trump's future factories.

But even officially, the tone from China is defiant. The US's constant increases in import tariffs on China are "a joke," China's Ministry of Commerce wrote in a statement.

In a separate statement, China's Ministry of Finance wrote that today's increase in import tariffs on the US to 125 percent is the last. With current tariff levels, it is stated that there is no longer any interest in the Chinese market for American products. So if the US continues to raise tariffs, China will "ignore it" and not follow suit with new increases, the Ministry of Finance wrote.
 
China responds again – sharply increases tariffs on the US

China raises tariffs on US goods to 125 percent, Reuters reports.

The measure comes after US President Donald Trump raised tariffs on Chinese imports to 145 percent this week.

China's Ministry of Finance called the US measures "unilateral bullying" and a violation of international trade rules.

The escalation increases tensions in the trade conflict between the world's two largest economies.

US and Chinese tariffs

February 1: Trump introduces tariffs on China of 10 percent, which will take effect on February 4.

February 4: China responds with 15 percent tariffs on selected goods.

March 3: Trump raises tariffs on China by another 10 percent to a total of 20 percent. China announces that it will respond.

March 4: China responds with 15 percent tariffs on a range of goods.

April 2: Trump raises tariffs on China by another 34 percent, bringing the total tariff to 54 percent.

April 4: China responds by raising tariffs by 34 percent on all goods from the United States from April 10.

April 7: Trump responds by threatening an additional 50 percent tariff on Chinese goods from April 9, bringing the tariff level to 104 percent.

April 9: US tariffs of 104 percent on China are imposed – and raised to 125 percent.

April 9: China responds by raising tariffs on the United States by 50 percent, to a total of 84 percent, from April 10.

April 9: Trump announces in the evening that tariffs on all countries except China will be suspended for 90 days.
 
April 10: White House economic adviser Kevin Hassett clarifies that the basic 10 percent tariff on all imports into the United States remains in effect. The White House also clarifies that tariffs on China are now 145 percent, as there is a “base tariff” for the fentanyl problem of 20 percent.

April 11: China raises tariffs on American goods to 125 percent.

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