Home News Trump Rates live updates: Trump tells Americans not to be scared as the stock market opens

Trump Rates live updates: Trump tells Americans not to be scared as the stock market opens

by Aash
Trump Rates live updates: Trump tells Americans not to be scared as the stock market opens

Trump threatened Monday with increasing tariffs against China again if Beijing does not eliminate retaliation tariffs that he put in the United States

Trump wrote on his social media platform that “if China does not withdraw its 34% increase above its commercial abuses already in the long term for tomorrow, on April 8, 2025, the United States will impose additional tariffs to China 50%, starting on April 9”.

“In addition, all conversations with China about their meetings requested with us will be fired! Negotiations with other countries, which have also requested meetings, will begin to take place immediately,” he added.

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The White House Press Secretary, Karoline Leavitt, listens, while President Donald Trump talks to journalists while in flight on Air Force One, on the way to the Andrews joint base on April 6, 2025.

Mandel and/AFP

A High White House official said that this adds to the “reciprocal” rate of 34% that Trump announced last week that it will enter into force on Wednesday and 20% that is already in place, which achieves a total potential of 104% of tariffs.

-ABC News’ Mary Bruce

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