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Trump ready to impose 50% tariffs on Chinese goods starting April 9
Washington responds to Beijing’s new tariffs. Combined trade barriers could hit a record 104%.
A new wave of trade war may shake the global economy: Donald Trump has announced plans to impose an additional 50% tariff on Chinese imports starting April 9. This move comes in response to Beijing's recently introduced 34% tariffs on American goods. Trump stated that if China does not cancel its measures by April 8, the U.S. will activate its retaliatory package.
The announcement appeared on the Truth Social platform, where the former president also declared the cancellation of all planned trade talks with China. White House Press Secretary Caroline Leavitt confirmed the new tariffs would take effect on April 9, supplementing existing ones. Altogether, the total duty will reach 104% — a record high in U.S.-China trade history. Leavitt also dismissed rumors of a possible 90-day delay, calling them "fake news."
Financial markets have already responded: shares of Chinese companies are falling, the yuan is weakening, and global stock indexes are experiencing short-term volatility. Investors fear a repeat of the full-scale trade war seen between the U.S. and China in 2018–2019.
Experts warn that such a sharp escalation could trigger a chain reaction: weakening global trade, declining industrial output, rising inflationary pressure, and a drop in international investment.
In this context, the market is awaiting an urgent response from the World Trade Organization and leading global economies. A continued escalation could affect not only bilateral trade but also entire supply chains, especially in high-tech and industrial sectors.
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