President Donald Trump has issued a stern warning to Beijing, threatening to raise tariffs on Chinese imports to 50% if China does not withdraw its newly imposed 34% tariffs on U.S. goods by Tuesday. The announcement comes amid heightened tensions and growing concerns over a deepening trade war between the world’s two largest economies.
Speaking at a press briefing on Monday, Trump described China’s recent move as “unjustified retaliation” and accused Beijing of undermining fair trade. “If China wants to continue benefiting from access to our market, they must play fair,” Trump said. “If they don’t remove these ridiculous tariffs by Tuesday, we’re going to hit back hard 50% tariffs on all Chinese goods. No exceptions.”
China had announced the 34% tariffs late last week in direct response to earlier U.S. tariffs on key Chinese exports, including electronics, textiles, and steel components. Chinese officials called the measure a necessary defense against what they described as “aggressive economic pressure” from Washington.
Markets reacted sharply to the developments, with the Dow Jones Industrial Average falling more than 500 points shortly after Trump’s comments. Analysts warn that continued escalation could disrupt global supply chains and slow down economic growth in both countries.
In addition to the tariff threat, President Trump declared that all upcoming trade negotiations with China would be canceled if the tariffs remain in place. “There will be no talks, no deals, and no compromises until China backs down,” Trump stated.
Beijing has yet to respond formally to the latest U.S. ultimatum. However, Chinese state media hinted at possible countermeasures, suggesting that China is prepared to “defend its economic sovereignty at all costs.”
As the deadline approaches, global markets and international observers remain on edge, bracing for what could become a prolonged and costly trade conflict with worldwide implications
