China hits back at Canada with fresh agriculture tariffs

[Vox Non Dei]

It's not going to bring China to its knees.

The opposite is going to happen... China will devalue currency a bit more.

 

[Vox Non Dei]

Those people aren't a particular bright bunch, that's why they were disenfranchised. This is the same as incel isn't it, because their lack of ability to hook up with girls, they hated them and start blaming all their misfortunate on them because they were the one rejecting them.

That's the same type of people we are talking about....

Trump ... loves McKinley a lot. He did the same kind of shit back in 1890s... Annexation Tariffs etc.
Interestingly Trump does not pay attention to what finally happened to McKinley.

 

[GatlingGun]

Chinese have been gradually shifting towards becoming an internal consumption society; this will be key for them.

At very slow speed. 4 points growth in 11 years. Might take 40 years to reach a world average of around 60%.
Any economic shock scares them back to saving. It translates into subsidised dumping of export and so called trade surplus.

 

[Menthol]

The opposite is going to happen... China will devalue currency a bit more.

I prefer USA to enjoy their inflation and empty Walmart.

USA is a very weird country, how they buy a drug from other countries at USD 1 and sell it at USD 40 to USA citizens.

The funny part is, USA blames other countries for trade imbalance over USD 1.

 

[j_hungary]

Trump ... loves McKinley a lot. He did the same kind of shit back in 1890s...
Interestingly Trump does not pay attention to what finally happened to McKinley.

He wouldn't care. He probably cares more about his legacy than his life, he had been in with assassination, and he knows he is going to get it again if things didn't end up very well.

I mean, you can kind of tell it don't you think? A president that has less approval rating than every other one other than himself when he was 45, and he is talking about leaving his print on Mount Rushmore and having note print after him.

 

[PakFactor]

The trouble with White American youth is that they have never faced starvation in their life. If they had they would not dare to wish this.

In the end, the elites will move their money into safer assets. They will be left with all the downside.

I agree with the latter part; the elites will move their funds out of the U.S. Various individuals have established family offices in the UAE, Hong Kong, Japan, Singapore, and elsewhere. Many have also acquired citizenship by investment for this sole purpose.

The opposite is going to happen... China will devalue currency a bit more.

Yes, they will do that; hence, I say China is able to take blows, while the same cannot be said for the rest.

 

[PakFactor]

He wouldn't care. He probably cares more about his legacy than his life, he had been in with assassination, and he knows he is going to get it again if things didn't end up very well.

I mean, you can kind of tell it don't you think? A president that has less approval rating than every other one other than himself when he was 45, and he is talking about leaving his print on Mount Rushmore and having note print after him.

You know @j_hungary, something is going on, and I can't exactly point to it, and it's leaving me with a feeling as akin to having a hole in my stomach.

I have never felt like this in my life before, either.

 

[Vox Non Dei]

He wouldn't care. He probably cares more about his legacy than his life, he had been in with assassination, and he knows he is going to get it again if things didn't end up very well.

I mean, you can kind of tell it don't you think? A president that has less approval rating than every other one other than himself when he was 45, and he is talking about leaving his print on Mount Rushmore and having note print after him.

The guy has always been supremely egotistical. I wonder what his swan song will be, I have a hunch it will be a chaotic shriek. He is not really known to think well and he is now old enough to be senile.

This guy should be impeached and convicted as soon as possible.

 

[SolarWarden]

Teetering

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You know Xi and celestials are panicking when they post an old video of Reagan talking about tariffs being bad.

Where are all the PDF celestials, fanboys and wumaos? They have gone absolutely silent.

 

[ety]

Trump threatens additional 50 percent tariffs on China​

The move escalates ongoing tit-for-tat retaliation with Beijing that followed the president’s sweeping import tax rollout last week.


By Amanda Friedman and Daniel Desrochers

04/07/2025 11:42 AM EDT

Updated: 04/07/2025 01:40 PM EDT

• President Donald Trump on Monday threatened to impose an additional 50 percent tariff on China, escalating the tit-for-tat retaliation with Beijing that followed the White House’s sweeping import tax roll-out last week.
  
  
  “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump said in a Truth Social post.
  
  
  China was one of the biggest targets of Trump’s sweeping “Liberation Day” tariffs announced last week. Beijing immediately decried Trump’s tariffs, responding with 34 percent tariffs on U.S. imports, equivalent to the import taxes Trump levied against China last week.

The Chinese Embassy did not immediately respond to a request for comment about the president’s latest threat.



Unlike other large trading partners, who have been quick to seek negotiations with the Trump administration, Beijing has largely refused to engage on tariffs, choosing instead to play it cool as Trump has repeatedly ratcheted up pressure over the past few months.

While Trump has repeatedly claimed that a call with Chinese President Xi Jinping is imminent, the two leaders have yet to speak since the White House rolled out its first round of tariffs against China in February.

An additional 50 percent duty on Chinese goods would raise the tariff rate on China above 100 percent, when added on top of the 54 percent tariffs the White House has already levied on China this year, as well as tariffs on specific goods from Trump’s first term and, potentially, a 25 percent tariff on the country for importing oil from Venezuela that the president rolled out last month.



Trump also quietly signed an executive order last Wednesday that eliminates a loophole allowing packages worth less than $800 to enter the U.S. tariff-free. Chinese companies, particularly in the “fast fashion” industry, have increasingly used that loophole to ship billions in low-cost goods directly to American consumers.


Trump also announced high tariffs on countries like Vietnam and Taiwan, which Chinese and American companies have used to effectively funnel goods. Those tariffs are also scheduled to go into effect on Wednesday. The result will likely be higher prices for traditionally low-value products, like consumer electronics and low-cost clothing.


Lawmakers on Capitol Hill have been largely supportive of tariffs on China, even as they’ve raised concerns about Trump’s tariffs on allies like Canada, Mexico and the European Union. But where Trump has focused on China’s trade deficit with the U.S. — the U.S. had a $295 billion trade deficit with China in 2024 and already has a $52 billion trade deficit in 2025 — lawmakers have chosen to focus more on China’s role as a rising economic and military superpower.


“I’ve been a China hawk,” Senate Minority Leader Chuck Schumer said at a press conference last week. “And the kind of ... broad tariffs on China, which has hurt us every step of the way on trade, makes sense.”

Trump threatens additional 50 percent tariffs on China

The move escalates ongoing tit-for-tat retaliation with Beijing that followed the president's sweeping import tax rollout last week.

www.politico.com

 

[ety]

Trump threatens additional 50 percent tariffs on China​

The move escalates ongoing tit-for-tat retaliation with Beijing that followed the president’s sweeping import tax rollout last week.


By Amanda Friedman and Daniel Desrochers

04/07/2025 11:42 AM EDT

Updated: 04/07/2025 01:40 PM EDT

• President Donald Trump on Monday threatened to impose an additional 50 percent tariff on China, escalating the tit-for-tat retaliation with Beijing that followed the White House’s sweeping import tax roll-out last week.
  
  
  “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump said in a Truth Social post.
  
  
  China was one of the biggest targets of Trump’s sweeping “Liberation Day” tariffs announced last week. Beijing immediately decried Trump’s tariffs, responding with 34 percent tariffs on U.S. imports, equivalent to the import taxes Trump levied against China last week.

The Chinese Embassy did not immediately respond to a request for comment about the president’s latest threat.



Unlike other large trading partners, who have been quick to seek negotiations with the Trump administration, Beijing has largely refused to engage on tariffs, choosing instead to play it cool as Trump has repeatedly ratcheted up pressure over the past few months.

While Trump has repeatedly claimed that a call with Chinese President Xi Jinping is imminent, the two leaders have yet to speak since the White House rolled out its first round of tariffs against China in February.

An additional 50 percent duty on Chinese goods would raise the tariff rate on China above 100 percent, when added on top of the 54 percent tariffs the White House has already levied on China this year, as well as tariffs on specific goods from Trump’s first term and, potentially, a 25 percent tariff on the country for importing oil from Venezuela that the president rolled out last month.



Trump also quietly signed an executive order last Wednesday that eliminates a loophole allowing packages worth less than $800 to enter the U.S. tariff-free. Chinese companies, particularly in the “fast fashion” industry, have increasingly used that loophole to ship billions in low-cost goods directly to American consumers.


Trump also announced high tariffs on countries like Vietnam and Taiwan, which Chinese and American companies have used to effectively funnel goods. Those tariffs are also scheduled to go into effect on Wednesday. The result will likely be higher prices for traditionally low-value products, like consumer electronics and low-cost clothing.


Lawmakers on Capitol Hill have been largely supportive of tariffs on China, even as they’ve raised concerns about Trump’s tariffs on allies like Canada, Mexico and the European Union. But where Trump has focused on China’s trade deficit with the U.S. — the U.S. had a $295 billion trade deficit with China in 2024 and already has a $52 billion trade deficit in 2025 — lawmakers have chosen to focus more on China’s role as a rising economic and military superpower.


“I’ve been a China hawk,” Senate Minority Leader Chuck Schumer said at a press conference last week. “And the kind of ... broad tariffs on China, which has hurt us every step of the way on trade, makes sense.”

Trump threatens additional 50 percent tariffs on China

The move escalates ongoing tit-for-tat retaliation with Beijing that followed the president's sweeping import tax rollout last week.

www.politico.com

Another 50% wouldn't make any difference since US tariffs on Chinese goods are already above 70% now. The madman may as well cut off any relation with PRC. I don't think China care, they are prepared for total decoupling this time.

 

[KingQamaR]

When tariffs increase, there will be no difference between 34% and 50% or 100% , and there be no deterrent effect at all.

 

[MH.Yang]

Another 50% wouldn't make any difference since US tariffs on Chinese goods are already above 70% now. The madman may as well cut off any relation with PRC. I don't think China care, they are prepared for total decoupling this time.

With 34% tariffs on both sides when they are already de facto cut off from trade, adding another 50% doesn't really make much sense. But Trump needs to keep giving his fans a mental boost, and they need it.

China will not ride him or negotiate. China will wait until the tariffs are in place and then announce another 50% reciprocal tariff increase.

And this time it will probably add the services sector, which China's government media is already building public opinion for the services tariffs.

 

[ety]

With 34% tariffs on both sides when they are already de facto cut off from trade, adding another 50% doesn't really make much sense. But Trump needs to keep giving his fans a mental boost, and they need it.

China will not ride him or negotiate. China will wait until the tariffs are in place and then announce another 50% reciprocal tariff increase.

And this time it will probably add the services sector, which China's government media is already building public opinion for the services tariffs.

Yes, China should put tariffs on US service industry to hit where the US hurts the most since US has huge service trade surplus with China. It's good time to prop up and develop domestic service industry now.

 

[MH.Yang]

Yes, China should put tariffs on US service industry to hit where the US hurts the most since US has huge service trade surplus with China. It's good time to prop up and develop domestic service industry now.

The United States doesn't have the commodities we need, it's a country that can only provide corn soybeans and shale oil. These are commodities that are easily replaceable. We should get rid of all dollar-denominated assets, including U.S. debt, as soon as possible, and decouple Chinese industrial goods from the dollar.

We have local currency trading agreements with Russia, Saudi Arabia, Brazil and other resource countries that don't really need the dollar.

And over this years, our share of trade with the U.S. has gotten pretty low. Our total trade with the United States is only twice as much as our total trade with Malaysia. The entire US market can actually be shed.