Trump Says China Panicked By Imposing Retaliatory Tariffs

Contact Your Elected Officials
The Epoch Times Header

โ€˜My policies will never change,โ€™ Trump said on social media.

President Donald Trump shot back at the Chinese regime after Beijing imposed retaliatory tariffs.

โ€œChina played it wrong, they panickedโ€”the one thing they cannot afford to do,โ€ the president said in a post on social media platform Truth Social.

He later said that his policies would not be changed.

โ€œTo the many investors coming into the United States and investing massive amounts of money, my policies will never change. This is a great time to get rich, richer than ever before!โ€ the president wrote.

Trump also lauded the March jobs report, which showed a higher-than-expected 228,000 new jobs.

The president attributed the solid employment data to his policies, which he says are โ€œalready working,โ€ and urged the public to โ€œhang tough; we canโ€™t lose!โ€

The White House imposed 34 percent reciprocal levies on China, bringing the total tariff rate to 54 percent.

In response, Chinaโ€™s Finance Ministry announced that it will implement 34 percent tariffs on all imported U.S. goods beginning on April 10.

Beijing added 16 U.S. companies to its export control list and vowed to institute export controls on several types of rare-earth minerals.

In addition, it added 11 U.S. companies to its โ€œunreliable entities list,โ€ alleging that they violated market rules and contractual obligations.

Chinaโ€™s Ministry of Finance urged the United States to cancel its tariff measures and resolve trade differences through consultation.

Chinese officials followed through on an earlier threat by filing a formal complaint with the World Trade Organization against the U.S. tariffs, saying the U.S. administrationโ€™s latest import duties violate the international organizationโ€™s rules.

Trump has signaled that he could be willing to negotiate with U.S. trading partners over tariffs.

โ€œIt depends if somebody said that weโ€™re going to give you something thatโ€™s so phenomenal, as long as theyโ€™re giving us something thatโ€™s good,โ€ Trump told reporters traveling with him to Florida.

An increasing number of countries, such as Canada and the European Union, have vowed to retaliate against Trumpโ€™s baseline 10 percent levies and higher reciprocal tariffs.

The latest developments in the U.S.โ€“China trade saga come as global financial markets have been impacted amid the sweeping tariff announcements by the United States on foreign goods.

Byย Andrew Moran

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Blind Manโ€™s Shutdown

Congress is playing the equivalent of Bind Man's Bluff. With the shout โ€œtag your itโ€ they seek to blame the other party for the government shutdown.

A Reluctant Acknowledgment: What Conservatives Can Admire in Everyday Progressives

Admirable ideological qualities seen in liberals and left-wing individuals are those of the everyday believer not their political leadership.

Ensuring Domestic Tranquility

The Supremacy Clause in Article VI of the U.S. Constitution establishes it as the highest law of the land, taking precedence over conflicting state laws.

Pam Bondi, Zohran Mamdani, and the ADL: Censorious Peas in a Pod

Typically, the only four circumstances under which the leadership...

Shut it Down – Shut it Down

Shut down and dismantle every federal agency not essential to citizens' life, health, or liberty โ€” phase them out and end their power. permanently!

Trump Weighs on Cutting Agencies as Government Shutdown Enters Day 2

Trump to meet with OMB Dir. Vought to decide which agencies face cuts and whether reductions will be temporary or permanent.

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.

ACLU Sues ICE to Release Records of Detainment Facilities

ACLU has filed a lawsuit against ICE, seeking to compel the agency to disclose records related to specific operations, according to the complaint.

Pam Bondi, Zohran Mamdani, and the ADL: Censorious Peas in a Pod

Typically, the only four circumstances under which the leadership...

Department of Energy Cancels $7.5 Billion in Project Funding

The Dept of Energy (DOE) said on Oct. 2 that it had terminated 321 federal grants funding 223 projects, amounting to about $7.56 billion in cuts.

White House Withdraws EJ Antoniโ€™s Nomination to Lead Bureau of Labor Statistics

The White House has withdrawn economist EJ Antoniโ€™s nomination to lead the Bureau of Labor Statistics, the White House confirmed on Sept. 30.

US to Impose 100 Percent Tariffs on Foreign-Made Movies, Trump Says

President Donald Trump announced on Sept. 29 that he will impose a 100 percent tariff on all movies produced outside the United States.

Trump to Host Netanyahu at White House to Discuss Gaza Peace Plan

President Trump will host Israeli Prime Minister Netanyahu at the White House on Sept. 29 to discuss a ceasefire and broader peace plan for Gaza.
spot_img

Related Articles