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China is calling Trump's bluff.
Just yesterday, Trump said he'd add an additional 50% to the tariffs on China if they didn't acquiesce to his non sensical demands.
So it would seem there's uncertainty to see how the two responsed today, it doesn't seem like the two are likely to reach a deal before tomorrow morning.
theguardian.com/us-news/2025/a…
#China #Trump #Tariffs #MagaTariffs
Trump threatens additional 50% tariffs on China over retaliatory levies
President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fallAnna Betts (The Guardian)
China just announced, they aren't surrendering, they will fight back with reciprocal tariffs of their own.
This threatens to launch a recursive war of tit for tat tariffs increases which ultimately sever our ability to do business with Chinese workers.
“China will fight to the end if the US side is bent on going down the wrong path.” -Wang Wentao
Today makes clear, there is no end in sight.
theguardian.com/world/2025/apr…
#China #Trump #Economics #tradewar #trumptariffs #magatariffs #uspol
China vows to ‘fight to the end’ against latest Trump tariff threat
Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies loomsHelen Davidson (The Guardian)