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#china

479 posts323 participants91 posts today
Continued thread
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William Lindsey :toad:

"Rates on imports into the US from dozens of economies rose further from 00.01 EST on Wednesday, with tariffs imposed on Chinese products since Trump returned to the White House reaching a staggering 104%. The new tariffs imposed on 57 target countries, territories and blocs include rates of 20% on the EU, 26% on India and 49% on Cambodia."

~ Jem Bartholomew

#Trump #tariffs #economy #StockMarket #crash #destruction #recession #China #TradeWar
/2

theguardian.com/us-news/2025/a

The Guardian · First Thing: Global stock markets slump as Trump’s tariffs take holdBy Jem Bartholomew
Continued thread
Public
Nonilex

"These countermeasures can be suspended at any time, should the US agree to a fair & balanced negotiated outcome," the European Commission said in a statement.

#Trump already responded to Beijing's counter-#tariffs announced last week, by nearly doubling duties on Chinese imports. In response to that, #China said it would impose 84% tariffs on US goods.

#economy#inflation#recession
Public
Nonilex

The #EU will launch its first countermeasures against #Trump's tariffs next week, the bloc's members agreed on Wed, joining #China & #Canada in retaliating & escalating a global #trade conflict.

The approval came on the day that Trump's "reciprocal" tariffs on the EU & dozens of countries took effect, including massive 104% duties on China, extending his tariff onslaught & spurring more widespread selling across #markets.

#economy #inflation #recession #geopolitics
reuters.com/markets/europe/eu-

Public
Yogthos

Tariffs of 104% can only "scratch" the economy of China. In 2024, China's exports to the U.S. were approximately $438.9 billion, according to estimates from the United States Trade. That is 13.3% of all Chinese exports.

Even if exports halved, China would lose just 7% of total exports. Chinese government could easily make that up with state aid and exports to new markets.

#china#us#tradewar
Public
Yogthos

Chinese Foreign Ministry today issued a warning to Washington:

"If the U.S. decides not to care about the interests of the U.S. itself, China and the rest of the world, and is determined to fight a tariff and trade war, China’s response will continue to the end."

#china#us#tariffs
Public
Aure Free Press :verified:

"Sooooo, because of Trump, everything you buy that says "made in China" will now cost you 104% more.

MAGA hats are made in China, so you know... "
- Aure

China slaps 84% tariffs on US imports as trade battle escalates
#AureFreePress #News #press #headline #China

businessinsider.com/china-us-t

Business Insider · China slaps 84% tariffs on US imports as trade battle escalatesBy Huileng Tan
Public
Nonilex

#China retaliates with new 84% #tariffs on the #US as global #markets fall

China on Wednesday announced an additional 50% retaliatory tariff on all #UnitedStates imports, bringing the total tariff level to 84%.

The measures are a response to #Trump's latest round of tariffs, which went into effect overnight, & include a 104% levy on Chinese goods.

#economy #inflation #recession #trumpcession #geopolitics
npr.org/2025/04/09/g-s1-59092/

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Yogthos

Trump’s 104% tariffs have backfired spectacularly, as China retaliates with crushing 84% duties on US goods. Washington's 'protectionism' is just a euphemism for shooting its own economy in the foot. While US corporations scramble, China stands unbowed, exposing the US as being all bluster and no strategy. The empire’s tariffs are a suicide note signed in ink made of arrogance.

cbsnews.com/news/china-tariffs

www.cbsnews.comChina raises tariffs on U.S. goods to 84% in retaliation to Trump tariffsChina said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with 104% tariff
#us#china#tariffs
Public
Russia-Ukraine Daily News

🇨🇳🇷🇺 A Chinese national captured by Ukrainian forces said he paid 300,000 rubles (roughly $3,500) to a middleman in #China to join the Russian military in exchange for the promise of citizenship, #Ukraine's Luhansk military unit press service told Ukrainian Pravda on April 9.

kyivindependent.com/captured-c

The Kyiv Independent · Chinese national captured fighting for Russia allegedly paid $3,500 to recruiter, sought citizenshipBy Tim Zadorozhnyy
#russia
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