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China has announced it will impose additional tariffs on US goods, taking the total to 84%.
The increase will be imposed from 10 April, the foreign ministry said.
It comes after the US hit Beijing with an extra 50% tariff this week.
Those followed two previous levies of 34% and 20%, meaning US tariffs on China reached 104% from this morning.
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President Trump says reciprocal tariffs will kick in on April 2, meaning the U.S. will match the higher tariff rates other countries impose on the U.S. Trump is banking on the scale of these reciprocal tariffs to reduce the U.S. trade deficit, but many economists worry the slew of tariffs will worsen inflation and lead the U.S. economy into a recession.
WSJ explains why economists believe this strategy will end up hurting U.S. consumers.
Chapters:
0:00 Trump’s reciprocal tariffs
0:25 How reciprocal tariffs hurt consumers
0:52 “Fairness” in trade policy
1:48 Why a trade deficit may not be bad
3:47 Risks of reciprocal tariffs
4:55 What’s next?
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
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President Trump announced plans to impose an across-the-board 10% tariff on all U.S. trading partners as well as higher tariffs for other countries. NBC News' Christine Romans breaks down what all of this means for American consumers and the potential reactions from other countries.
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Bringing manufacturing back to the USA is an ideological cornerstone of US President Donald Trump's economic policy. It's aimed not just at pushing foreign firms to invest in America, but at forcing US companies to onshore their own production lines. Squarely in the firing line is one of the country's largest tech giants Apple, whose top-selling product, the iPhone, is made in Asia. It's a tense situation for the California-based firm. If it were to actually produce the iPhone in America, its price would have to rise dramatically. Bryan Quinn and Mounia Ben Aïssa report.
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With US tariffs on the rise, experts warn that ASEAN will face increased China exports, putting some factories out of work. Some ASEAN countries have already banned Chinese apps like TEMU and SHEIN, and updated its anti-dumping legislation, as pressure on domestic manufacturers mount.
On the other hand, US tariffs on ASEAN exports to its market, is squeezing producers. Entire industries- like the solar panel manufacturing industry- has been decimated due to US tariffs, in countries like Malaysia. ASEAN economies are being squeezed by both the superpowers- US and China, and an intensifying tariff war. In this documentary, policy makers and experts, discuss possible solutions, and how ASEAN will weather this storm.
WATCH MORE When Titans Clash
https://www.youtube.com/playli....st?list=PLkMf14VQEvT
00:00 Introduction
01:57 China exports increase as US tariffs bite
06:09 China’s unbeatable technological prowess
08:40 Impending China-ASEAN export surge
10:24 China’s global trade surplus
13:51 US tariffs hit Malaysia
16:54 Is China using Malaysia for transshipment?
19:03 The US-ASEAN trade deficit issue
20:53 Thailand’s auto sector contracts
24:51 Japanese factories shut, Chinese factories open
29:23 China EV’s impact on Indonesia
34:12 China-ASEAN Foreign Direct Investments
35:56 ASEAN economies squeezed by both superpowers
42:08 ASEAN strategies to strike a deal with Trump
44:32 Can ASEAN grow in 2025?
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European Union member states have voted to impose an extra 25% tariffs on US imports, affecting €20.9bn (£18bn) worth of goods.
The tariffs are in response to the 25% import taxes US President Donald Trump imposed on all steel and aluminium that came into force in mid-March.
It is unclear which goods the EU is targeting, but the new tariffs will come into effect from 15 April.
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Donald Trump discussed his decision to pause tariffs during an event in front of the White House, saying he thought people were 'getting yippy' and a 'little queasy' so he decided to enact the 90-day pause.
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The US president also said he would raise the tariff on Chinese imports to 125%, further escalating the confrontation between the two countries
Full list of Trump’s tariffs: a country-by-country look after the 90-day pause ► https://www.theguardian.com/us....-news/2025/apr/09/tr
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China more than doubled its tariffs on U.S. goods to 84 per cent hours after U.S. President Donald Trump announced a massive 104 per cent levy on Beijing, escalating fears of severe economic damage from the trade war.
Reggie Cecchini joins us from Washington to break down the details of this trade standoff, the underlying goals, and the political fallout in the U.S.
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The White House has clarified that the tariffs imposed on Chinese goods coming into the US stands at 145%.
On Wednesday, US President Donald Trump announced that he was hiking the levy to 125%, but the administration has now said that that figure did not include a pre-existing tariff of 20% which was imposed on countries the US said produces the drug fentanyl.
European and Asian markets saw gains on Thursday, but US shares slumped seconds after the market opened; with The Dow Jones and S&P 500 indexes down over 4%, and the Nasdaq as much as 5% lower.
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Economists project that if consumers have to absorb all of the 20% tariffs on European goods, goods like olive oil, cheese, wine and more will rise.
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So far there is no sign that President Trump is backing away from his tariff policy. For him it has been an article of faith for decades.
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And today he threatened China with an additional 50 per cent of tariffs after it retaliated last Friday with 35 per cent against US products.
This is what the spiral of a global trade war looks like with devastating consequences for millions of people around the world.
The day began with what was described as a ‘bloodbath’ on Asian markets.
European markets then mirrored those losses, and for the third day running since the sweeping tariffs were announced, US markets plunged on opening.
Then reports of a 90-day pause in the Tariffs sent stocks back up, before the White House dismissed them as 'fake news', sending them tumbling again.
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Morning Joe economic analyst Steve Rattner discusses the economic impact of Trump's tariffs on the United States.
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Donald Trump's "explosive" tariffs are now in effect, including 104% on China, the world's biggest exporter.
Also on the list are 60 of the "worst offending" countries - who will face tariffs ranging from 11% - 50%.
The additional tariffs on China kicked in after Beijing refused to meet Trump's deadline to withdraw its own retaliatory levies on the US.
Trump has said that the tariffs are vital for his economic vision, but experts warn a full scale trade war is a possibility.
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Trump Says He's "Ready" to Deal but China Mocks America with AI Videos | Firstpost America | N18G
As the US-China trade war intensifies, President Trump says he's open to striking a deal—but China is responding with AI-fuelled mockery. Viral videos from Chinese creators and state media depict Trump, Elon Musk, and JD Vance working in dingy factories, mocking America's push to revive domestic manufacturing. One brutal clip shows overweight Americans sewing Nike shoes, following Vance's controversial "peasants" comment. While Trump raised tariffs on Chinese imports to 125%, he's also paused other global tariffs for 90 days, causing market turbulence and brief rebounds. With trade talks uncertain and digital insults escalating, the next phase of this economic standoff could be more unpredictable—and personal—than ever before.
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China | Xi Jinping | Trump Trade War | Trump Tariffs | Donald Trump | China Tariffs | Trump | Tariffs | Trump Tariff War | Trump Tariff Threat | Trump Trade Tariffs | US China Trade War | Trump China Trade War | Trump China Tariff | Trump Tariffs China | US China Tariffs | China Tariffs on US | USA | Tariff | Trump Reciprocal Tariffs | Reciprocal Tariffs | Trump Administration | Auto Tariffs | Trump Tariff | President Donald Trump | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News
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China raised tariffs slapped on American goods to 84% and says it will not back down amid President Trump's threats on trade. CBS News' Weijia Jiang reports from the White House, Anna Coren reports from Hong Kong and Jill Schlesinger has more on the American impact.
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President Donald Trump said Monday he’s ready to slap new 50% tariffs on China following Beijing’s retaliatory duties announced last week, further escalating the global trade war that has rattled markets. He said the additional tariffs would take effect midweek if China doesn’t remove its 34% retaliatory tariff by Tuesday. #CNN #News
China announced retaliatory tariffs of 84% on imports of US goods on Wednesday, further inflaming a trade war between the world’s two biggest economies. #CNN #News
The two largest economies in the world are now going head-to-head in a trade war that experts fear could trigger a global recession.
Donald Trump said he was raising tariffs for China to 125% - effective "immediately".
It came after Beijing announced it was levying an 84% tariff on all American imports, following Trump's original 104% levy on Chinese goods entering the US.
Sky's Asia correspondent Helen-Ann Smith looks at the impact the tariffs are beginning to have on Chinese traders and how the country's leaders will handle the crisis.
Read more: https://news.sky.com/story/tar....iffs-latest-trumps-w
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China has slapped retaliatory tariffs of 84% on all US imports, deepening a trade war between Beijing and Washington.
It comes as President Donald Trump had earlier put a 104% tariff on Chinese goods - but later raised this to 125%, citing a "lack of respect" from China.
Trump has paused higher tariffs on other countries, though a "universal 10%" levy will be in place.
Financial markets in Asia jumped following news of the reprieve, with one expert saying the region is 'breathing a massive sigh of relief’.
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