Trump's extreme pressure and additional 50% tariff? China has long seen through his false tough guy persona.
< p > Trump still wanted to play the game of maximum pressure, but we had already seen through it long ago. < / p > < p > On noon of April 8th Eastern Time, the White House Press Secretary said that on April 9th, Trump might impose an additional 50% tariff on China, bringing the total tariffs imposed by the US on Chinese goods this year to 104% (10% + 10% + 34% counter-tariff + 50% additional tariff). < / p > < p > If we add the 21% tariffs already imposed during Trump's first term and the Biden administration, the total tariff rate levied by the US on Chinese goods has now reached a staggering 125%. < / p > < p > Meanwhile, Trump said when meeting with the Israeli Prime Minister that he would wait for a call from China before finally deciding whether to implement the additional 50% tariff. < / p > < p > Seeing the duet performed by the White House Press Secretary and Trump is laughable. On one hand, they want us to negotiate with them desperately; on the other hand, they pretend to be tough guys, threatening that if China does not negotiate and cancels the 34% retaliatory tariff on US goods, they will impose an additional 50% tariff. < / p > < p > If you're really a tough guy, why are you waiting for a phone call? Why does the White House Press Secretary keep hinting at actions externally? On April 9th Eastern Time, why don't you just go ahead and add the tariffs directly? Whether it's a total tariff of 85% or 125%, what essential difference does it make to China? The profit margin of Chinese exports to the US is only 10% to 15%. No matter how much you increase the tariffs, it's the US importers who pay, and ultimately the cost is passed on to American consumers through retail price increases. < / p > < p > For China, a tariff increase of more than 20% has no negotiation value anymore. Your current demand of +34% +50% is just trying to create virtual bargaining chips and scare us into making more concessions, which is self-delusion. < / p > < p > From our imposition of a 34% retaliatory tariff on US goods and the attitude expressed by the Ministry of Commerce that we will see it through to the end, we have seen through Trump's false toughness and his bluffing and deceiving nature. We have decided to abandon any illusions and fight to the end. < / p > < p > Do not use the layer-by-layer increase in tariffs to create false bargaining chips. A 125% tariff is detrimental to Chinese exports, but it harms the US even more. You are holding a knife to the chest of America, threatening us to back down, insulting people's intelligence. < / p > < p > On April 9th Eastern Time, we are waiting to see if Trump has the guts to impose an additional 50% tariff and how long his act of pretending to be tough can last. < / p > < p > < img src = "//p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/e705843ed1a64fceb1714d03f5d26a1b~tplv-obj:1079:965.image?_iz=97245&bid=15&from=post&gid=1828866192827460&lk3s=06827d14&x-expires=1751846400&x-signature=5Y%2BOaObRI1ACDtcNgeByR%2FzBtps%3D" / > < / p > < p > Original article: https://www.toutiao.com/article/1828866192827460/ < / p > < p > Disclaimer: The article solely represents the author's personal views. < / p >
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