Trump threatens 100% tariffs on BRICS nations over US dollar replacement plans

[j_hungary]

the big deal is
incredible thing has happened.
Trump successfully tricks the chinese.
The US now charges 30 pct, China only 10 pct.
that’s a 20 percentage gap.
why Chinese have agreed to such deal? how is it possible?
most countries including Vietnam only pay 10 pct. Chinese goods will be out priced from US market.

it could be any number of percentages, it didn't change anything, Trump could have started saying 500%, but if there are no underlying change to any of the problem he said, this is going to be American public that are paying for the whatever percentage Trump said.

That is why China accept such a deal. Why not, Trump was going for 145% anyway, and now he is going for 30 with China don't need to do a damn thing.

 

[Viet]

it could be any number of percentages, it didn't change anything, Trump could have started saying 500%, but if there are no underlying change to any of the problem he said, this is going to be American public that are paying for the whatever percentage Trump said.

That is why China accept such a deal. Why not, Trump was going for 145% anyway, and now he is going for 30 with China don't need to do a damn thing.

The thing I did expect both US and China agree to same tariff whatever the number be 10 or 100, but not unequal 30:10.
that makes China look dumb.
but hey that’s a big plus for Vietnam I am positive I now expect we will get market share from the Chinese.

 

[大汉奸柳传志]

The thing I did expect both US and China agree to same tariff whatever the number be 10 or 100, but not unequal 30:10.
that makes China look dumb.
but hey that’s a big plus for Vietnam I am positive I now expect we will get market share from the Chinese.

the 20% difference are the so called fentanyl tariff which happened before April 2 and China responded with non tariff measures

even before Trump 2.0 the overall tariffs on Chinese goods were nearly 20%, so it’s basically a nothing burger

even Gordon Chang called it a China win, who am i to dispute

 

[PakFactor]

This "deal" changes nothing, other than US now charging Chinese import 30% (in general) and China is charging the US import 10% instead of 145 and 125. There is no trade concession from China announced or direct investment from China announced which will not change anything it's simply Trump just saying we went too crazy with 145% and if you agree to drop down to 10% we agree to drop it down to 30%, Trump may as well just start at 30% instead of going after 145 to begin with. China did nothing on something Trump start, neither side have literally done anything to the other.

So what is the "big" deal in this deal?

There is no big deal; it's just one side (the U.S.) jumped the gun and is now backing down, after seeing the Chinese haven't budged.

 

[SolarWarden]

the 20% difference are the so called fentanyl tariff which happened before April 2 and China responded with non tariff measures

even before Trump 2.0 the overall tariffs on Chinese goods were nearly 20%, so it’s basically a nothing burger

even Gordon Chang called it a China win, who am i to dispute

View attachment 120060

Lol. Chinos now believe Gordon Chang?

Tariffs went down because winnie-Xi-poo agreed with Trump on this...

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In 90 days Xi doesn't agree to Trumps "deal" they will go back up really screwing the chinese people because they won't have job security. During the 90 days US businesses will continue its china decupling however chinese factories still won't be able to find other customers for their stuff once 90 days is over.

 

[MH.Yang]

My opinion is that was just a tactical temporary truce, the trade war will continue and Trump is unlikely to concede defeat so soon. China has not lifted controls on products such as rare earths, nor has it committed to increasing any import quantities. We just want to see how long Trump can hold back before he goes crazy again.

 

[大汉奸柳传志]

Lol. Chinos now believe Gordon Chang?

Tariffs went down because winnie-Xi-poo agreed with Trump on this...

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Accept third party cookies

In 90 days Xi doesn't agree to Trumps "deal" they will go back up really screwing the chinese people because they won't have job security. During the 90 days US businesses will continue its china decupling however chinese factories still won't be able to find other customers for their stuff once 90 days is over.

you are overestimating the importance of the US consumer market

 

[大汉奸柳传志]

My opinion is that was just a tactical temporary truce, the trade war will continue and Trump is unlikely to concede defeat so soon. China has not lifted controls on products such as rare earths, nor has it committed to increasing any import quantities. We just want to see how long Trump can hold back before he goes crazy again.

China was prepared to subsidize the export businesses who have been hit, and could keep doing that for probably over half a year, but apparently the other side rushed to the table as if they couldn't afford to have shelves empty for even a week

 

[MH.Yang]

China was prepared to subsidize the export businesses who have been hit, and could keep doing that for probably over half a year, but apparently the other side rushed to the table as if they couldn't afford to have shelves empty for even a week

Since the tariff war broke out, Trump has so far failed to appoint officials to address the issue of alternative supply chains or establish a working group for related functions. It is more likely that he is now backing down in order to give businessmen within the United States time to stock up on more goods and avoid empty shelves leading to chaos within the United States.

We should understand that the decoupling of China and the United States is already an inevitable trend. In the days ahead, any escalation of confrontation between China and the United States will be strategic in nature, while any de-escalation of confrontation will only be tactical in nature.

Chinese governments at all levels and state-owned enterprises should give up their illusions, drive domestic capital to vigorously develop domestic demand, and improve the internal cycle of the domestic economy as soon as possible.

 

[MH.Yang]

you are overestimating the importance of the US consumer market

Don't pay any attention to him. He is actually an Indian who neither understands the current situation in the US nor the current situation in China and only watches anti-Chinese videos in youtube. It's just a waste of time for you to explain to him.

 

[MH.Yang]

the big deal is
incredible thing has happened.
Trump successfully tricks the chinese.
The US now charges 30 pct, China only 10 pct.
that’s a 20 percentage gap.
why Chinese have agreed to such deal? how is it possible?
most countries including Vietnam only pay 10 pct. Chinese goods will be out priced from US market.

You're being led by the US opinion wars again.

China and the U.S. simply eliminated a series of tariffs that were added in April 2025. But neither the fentanyl tariffs added by the United States in February 2025 nor the series of tariffs to which China responded were eliminated.

What's happening now is that the US has imposed a 20% fentanyl tariff on China and 10% new tariffs.

China imposes 10% added tariffs on the US, along with various tariffs in countering the fentanyl tariffs, including 15% tariffs on US coal, natural gas, and other items, 10% tariffs on petroleum, farm machinery, automobiles, pickups, etc., and 25% tariffs on agricultural products, such as chicken, wheat, and cotton. Export controls were also placed on metals such as rare earths, gallium and antimony.

We would like to emphasize once again the declaration of the Chinese Government that we will go all the way to the end of any kind of war, be it a hot war, a cold war, a trade war or any other kind of war, and that we will never back down.

We will also never abandon those countries that are being economically bullied by the United States, and we will inevitably lead the entire world in defeating the United States as a bully.

 

[ety]

the big deal is
incredible thing has happened.
Trump successfully tricks the chinese.
The US now charges 30 pct, China only 10 pct.
that’s a 20 percentage gap.
why Chinese have agreed to such deal? how is it possible?
most countries including Vietnam only pay 10 pct. Chinese goods will be out priced from US market.

Because the extra 20% from US is for drug fantenyl reason US imposes on before the reciprocal tariffs charge. There is also an extra 30% to 20% tariffs on partial US products China imposes in response, and also some restrictions on some minerals exports. These Chinese tariffs are usually not mentioned in reportings. Trump can't be trusted anyway.

 

[Hamartia Antidote]

a North American oil deal with Canada,

Are you throwing Russia under the bus...of course not. The amount you are negotiating with Canada is a token amount

 

[MH.Yang]

Are you throwing Russia under the bus...of course not. The amount you are negotiating with Canada is a token amount

Given the lack of industrial common sense among Americans, I'll give you explain.

Different refineries actually use different crude oils. This is because the quality and composition of crude oil produced in each region varies dramatically, and a haphazard substitution can lead to serious accidents.

That means that a refinery using Russian oil would have to consume a huge amount of money and a lot of time to change to a refinery using Canadian oil.

Do you know why this agreement is called the North American Petroleum Agreement? Because refineries using American oil can be replaced with Canadian oil.


btw: As for Russian oil. China's Development and Reform Commission explicitly states that China cannot import more than 20% of its total oil imports from any single country. China's oil imports from Russia have already reached the limit set by China's NDRC and cannot be increased.

 

[Hamartia Antidote]

Given the lack of industrial common sense among Americans, I'll give you explain.

nice but it is a token amount. China imported around 1% of its oil from the US last year and using Canada instead barely makes a blip on the radar.

Or are you somehow saying China was in desperate need for that 1% oil you bought from us in 2024 or something. No other place on earth could offer you that super stuff?