On Wednesday, President Donald Trump had issued a 90-days pause on his ‘reciprocal tariff’ to a minimum of 10% across the board for the majority of U.S. trade partners, aiming to facilitate negotiations with these nations. This announcement followed the United States’ imposition of enhanced reciprocal tariffs on products from about 60 different countries.
However, the same treatment does not apply to China. In his Truth Social platform update, the President declared a significant rise in tariffs on Chinese imports, increasing them to 125% “effective immediately.” This move was attributed to what Trump described as a “lack of respect” demonstrated by China towards global markets.
In response to Trump’s earlier 84% tariff on Chinese import goods, China, as the third-largest trading partner of the U.S., declared it would raise its tariffs on American imports to 84% on the same day that Trump’s reciprocal tariff went into effect.
Following last week’s unveiling of the new tariffs, Trump noted that officials from “more than 75 countries” had reached out to the United States to engage in discussions.
