US to go ahead with imposition of 104% tariff China from Wednesday
a year ago
- #US-China Trade
- #Diplomacy
- #Tariffs
- President Trump's deadline for China to withdraw retaliatory tariffs has passed, leading to the imposition of additional 50% tariffs on China effective April 9, 2025.
- China's US embassy stated it would not yield to pressure or threats regarding the tariffs, emphasizing the protection of its legitimate rights and interests.
- The US will impose a 104% tariff on China after Beijing failed to lift retaliatory tariffs by the set deadline.
- Iran clarified that upcoming nuclear talks with the US would be indirect, contrary to Trump's announcement of direct talks.
- US-Russia consultations are scheduled for April 10 in Istanbul, focusing on normalizing diplomatic mission operations.
- Elon Musk's attempts to persuade Trump to reverse trade tariffs failed, highlighting a rift between the two.
- The Senate confirmed Elbridge Colby, a China hawk, as the Pentagon's undersecretary of defense for policy.
- Italian PM Giorgia Meloni will visit the US to discuss tariffs with Trump, balancing diplomatic relations and Italy's export industry.
- The Supreme Court blocked a ruling to rehire fired federal workers, citing lack of standing for the plaintiffs.
- South Korea's acting president expressed reluctance to join other countries in pushing back against US tariffs, preferring negotiation.