Trump threatens extra 50% tariff on china

Apr 08, 2025

National
Trump threatens extra 50% tariff on china

Washington [US], April 8: Donald Trump threatens China with additional 50% tariffs if Beijing does not withdraw its 34% retaliatory tariffs on Washington.
If imposed, it could leave some US companies bringing in certain goods from China facing a 104% tax.
It comes as US markets drop sharply again on opening, while Europe's biggest stock markets - including London's FTSE 100 - have all closed over 4% down.
Meanwhile, the EU says it's offering "zero-for-zero" tariffs on some goods it exports to the US.
Source: Fijian Broadcasting Cooperation