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President Trump threatened to impose an additional 50% tariff on China if the country does not remove
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its own retaliatory tariffs against the United States. The president said he'll impose the new
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tariffs on Wednesday if China doesn't act by Tuesday. On Friday, China imposed an additional
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34% tariff on all U.S. goods and placed export controls on a number of items, including rare
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earth elements used to make cell phones, medical equipment, and electric vehicles
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Those measures were a response to President Trump increasing the U.S. tariff on Chinese goods to 54
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and closing a loophole for low-value packages to pass through customs without a tariff known as a duty-free de minimis shipment
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An additional 50% would mean products from China have a tariff of 104% of their value
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According to Reuters, a spokesperson for the Chinese foreign ministry called President Trump's tariffs
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quote, typical unilateralism and protectionism and economic bullying. The abuse of tariffs by the United States is tantamount to depriving countries
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especially those in the global south, of their right to development. President Trump stated in a post on Truth Social that China has been abusing the United States
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through tariffs, non-monetary tariffs, illegal subsidization of its companies, and currency manipulation. The president also said all ongoing negotiations with China will
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be terminated, while meetings with other countries will begin immediately. The United States and China traded a total $582 billion in goods in 2024
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The United States exported $143.5 billion to China, while China exported $438.9 billion to the United States
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I'm Ray Bogan for Straight Arrow News. For more reporting, download the SAN app
