Trump increases tariffs on China twofold
The additional tariff that the US President warned Beijing about last month has now taken effect, leading to a rapid response from China. Read Full Article at RT.com.
TroibNews 
The US President has followed through on his threat.
The United States has increased recent tariffs on all Chinese imports, effective Tuesday. This new levy has escalated from 10% to 20%, adding to previously targeted duties imposed on thousands of goods from China.
Last month, US President Donald Trump mandated new tariffs on goods from the three largest trading partners—Mexico, Canada, and China—stating that these measures were essential to protect American interests. He also expressed concerns regarding the influx of lethal drugs from these countries, illegal immigration, and trade imbalances.
Washington has accused China of providing chemicals utilized in the illegal production of the synthetic opioid fentanyl.
An executive order issued on Monday indicates that Beijing has not adequately addressed these issues, prompting the increase in levies from 10% to 20%.
In a statement to reporters at the White House, Trump remarked, “I don’t think they [China] are going to retaliate too much.”
This announcement incited a quick reaction from Beijing.
“The US once again uses the fentanyl issue as a pretext to threaten China with tariff hikes on its imports. China opposes this move and will do what is necessary to firmly safeguard its legitimate interests,” said Foreign Ministry spokesman Lin Jian on Monday.
The Chinese government has responded by announcing additional tariffs ranging from 10% to 15% on various US goods, including agricultural products and energy commodities, alongside export and investment restrictions on 25 US firms. Furthermore, Beijing has initiated a lawsuit with the World Trade Organization, arguing that the US tariffs violate international trade regulations and has urged Washington to address concerns through dialogue.
“Trade and tariff wars have no winners,” Jian stated.
Trivium China analyst Even Pay characterized Beijing's response as “restrained.”
“China's tariffs impact a limited number of US products and remain below the 20% level. China's government is signalling that they do not want to escalate, they want to deescalate,” Pay told Reuters.
Amid the ongoing tensions between the US and China, China's economic ties with Russia have reached unprecedented levels. In 2024, trade turnover between the two countries soared to a record $244.8 billion, buoyed by a 4% rise in Chinese exports to Russia.
Camille Lefevre contributed to this report for TROIB News
The United States has increased recent tariffs on all Chinese imports, effective Tuesday. This new levy has escalated from 10% to 20%, adding to previously targeted duties imposed on thousands of goods from China.
Last month, US President Donald Trump mandated new tariffs on goods from the three largest trading partners—Mexico, Canada, and China—stating that these measures were essential to protect American interests. He also expressed concerns regarding the influx of lethal drugs from these countries, illegal immigration, and trade imbalances.
Washington has accused China of providing chemicals utilized in the illegal production of the synthetic opioid fentanyl.
An executive order issued on Monday indicates that Beijing has not adequately addressed these issues, prompting the increase in levies from 10% to 20%.
In a statement to reporters at the White House, Trump remarked, “I don’t think they [China] are going to retaliate too much.”
This announcement incited a quick reaction from Beijing.
“The US once again uses the fentanyl issue as a pretext to threaten China with tariff hikes on its imports. China opposes this move and will do what is necessary to firmly safeguard its legitimate interests,” said Foreign Ministry spokesman Lin Jian on Monday.
The Chinese government has responded by announcing additional tariffs ranging from 10% to 15% on various US goods, including agricultural products and energy commodities, alongside export and investment restrictions on 25 US firms. Furthermore, Beijing has initiated a lawsuit with the World Trade Organization, arguing that the US tariffs violate international trade regulations and has urged Washington to address concerns through dialogue.
“Trade and tariff wars have no winners,” Jian stated.
Trivium China analyst Even Pay characterized Beijing's response as “restrained.”
“China's tariffs impact a limited number of US products and remain below the 20% level. China's government is signalling that they do not want to escalate, they want to deescalate,” Pay told Reuters.
Amid the ongoing tensions between the US and China, China's economic ties with Russia have reached unprecedented levels. In 2024, trade turnover between the two countries soared to a record $244.8 billion, buoyed by a 4% rise in Chinese exports to Russia.
Camille Lefevre contributed to this report for TROIB News
