Trump Says He Can't Imagine Further Increasing China Tariffs

China has hit back at the US after Donald Trump’s dramatic reversal on tariff threats isolated Beijing as the primary target of his trade offensive, dimming the prospect of immediate de-escalation.

The Chinese government on Thursday said it will reduce the number of US films allowed to enter the country, hours after Trump imposed record duties on China’s imports and paused those on dozens other countries. The decision opens a new front in a confrontation that until now centered on the trade in goods and relied largely on tariffs and export controls as a means of retaliation.

The countermeasure came a day after Trump said he was expecting Beijing to call, suggesting that Chinese President Xi Jinping is intent on resisting US pressure despite growing headwinds for his economy.

“The Chinese don’t want to talk to the US when it looks like they’re outgunned,” Derek Scissors, senior fellow at the American Enterprise Institute who previously worked at the Pentagon, said before the China Film Administration announced the film curb. “Either they come to Trump with some sort of quiet trade, taking the chance he’ll reject it and brag about it, or nothing happens.”

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[ChristopheZ]

China is not taking advantage of the USA... It's actually the American companies wanted cheap labor, and this is why they manufacture products in China.. For example, most Of Trek and Specialized bikes are made in China.. So basically, not all products made in China are crap nor cheap

[victorr]

"We calculated it very carefully" 😅

[MightyIonMan]

Unbelievable! He said it cant go further than 125% and then, the same day, it goes up to 145%. How crazy

[robertl.]

Canada charges tariffs over a determined quota that has never been reached. Signed by Trump by the way. So no tariffs from Canada.

[Ann-ebdp]

Just wait till America really feels the impact of what he is doing This is the demise of America

[garryjean-marie]

The ones being charged are the American Consumers by the American government. Tariffs are taxes on American Consumers.

[goldgeologist]

This man cannot calculate anything! Give him a math test!

[Softmax]

I really wish he would stop lying about Canada's tarrifs. He wrote the trade agreement😂😅

[realtruth]

Controlling the stock market so he and his friends can make billions

[wolfgangkuehn]

Canada has never charged top rates for
dairy. He is lying or doesn't know.

[khaliqsantos]

Such BS. Canada doesn't charge any Tarrifs on Dairy. It's only on a quota which has never been met in history

[mikeldn]

„We calculated it very carefully” 😂😂😂😂 joke of the century!

[KraKra-Ah]

Trump can say whatever he wants. He doesn't need to explain himself. Sources? nah... Also the US press just seem to let it slight...

[deckearns]

This guy has crashed the markets purposely. He's shorting, his family are shorting and his friends are. This is literally criminal. And, yet, here he is, doing it in plain site.

[jodysmith]

If he lies one more time about our dairy tariffs to the American public, I am gonna blow a gasket! So disgusting how he deceives his own citizens.

[frankw]

why stop at 125%? you can go .... 125000%

[atrumluminarium]

Bro's playing games with China when they could just dump all their US treasury bonds and default the US government on their debt😂

[walkurehauk]

How about this... you get oil for a huge bargain (well below trade value for almost a century), and you want to talk about milk? 😂😂😂 Just wait bro... Canada is gonna make a killer trade deal soon. 😂😂😂

[Struct.]

If he wants labor parity with chin, he will have to increase by at least 500% as us salaries are so much higher than Chinese.

[WHISTLEBOI]

Now the American market nis collapsing