China Vows to Fight Back After Trump Announces New Tariffs
On April 7, 2025, President Donald Trump announced his intention to impose an additional 50% tariff on Chinese imports if China does not withdraw its recently announced 34% retaliatory tariff on U.S. goods by April 8.
This move would elevate the total U.S. tariffs on Chinese products to a combined 104%, following earlier tariffs of 20% and 34% imposed during previous stages of the trade conflict.
In response, China’s Commerce Ministry issued a strong statement on April 8, asserting that China would “fight to the end” and take all necessary countermeasures to protect its national interests. The ministry criticized the U.S. actions as “completely groundless” and labeled them a form of unilateral bullying.
The escalating tit-for-tat measures have heightened tensions between the world’s two largest economies, leading to volatility in global financial markets. Analysts express concern that the intensifying trade war could disrupt supply chains, increase consumer prices, and slow economic growth worldwide.
Despite the mounting economic risks, both nations appear steadfast in their positions. President Trump has emphasized the necessity of addressing what he perceives as longstanding unfair trade practices by China, while Beijing insists on defending its sovereignty and economic interests against what it views as U.S. intimidation tactics.
The international community watches closely as the situation unfolds, with many hoping for a de-escalation of hostilities and a return to negotiations to prevent further harm to the global economy.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
