And Trumps new threat isnt exactly calming anyones nerves.
But that tariff was already on top of an existing 20% tariff on imports from the country.
As always, Trumps threats on Monday provided little clarity on how everything may actually work.
President Donald Trump speaks to reporters prior to departing from the South Lawn of the White House in Washington, DC, on April 3, 2025, as he travels to Florida for the weekend.© Photo by SAUL LOEB/AFP via Getty Images
It turned out that Trump was creating fake numbers that purported to show existing tariffs on U.S. goods.
In reality, the White House was using an equation that made absolutely no sense.
Additionally, all talks with China concerning their requested meetings with us will be terminated!
Negotiations with other countries, which have also requested meetings, will begin taking place immediately.
Thank you for your attention to this matter!
Trump concluded in his Truth Social post.
KILMEADE: Would Trump consider a 90 days pause in tariffs?
Trump is imposing these global tariffs because he says trade deficits are an emergency.
Sen. Chuck Grassley, a Republican from Iowa, introduced a billlast weekto claw back some of that power.
Trump is playing chicken with the global economy.
And picking a fight with the entire world hasnt worked out well historically for the aggressor country.
News from the future, delivered to your present.
Trump Plans Private Dinner for Largest Buyers of $TRUMP Crypto
Trump’s corruption knows no bounds.
