Friday, April 11, 2025

China Raises Tariffs on US Goods to 125%

China raises import taxes on US goods to 125% as the trade war with the US over Donald Trump's global tariffs escalates President Xi Jinping calls on the EU to join China in opposing "bullying" from the US, saying "there are no winners in a tariff war"

Posted by REDIAL at 09:30 AM | 12 COMMENTS | permalink

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The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles. This is a major strategic failure for the United States.

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-- Brian Tyler Cohen (@briantylercohen.bsky.social) April 10, 2025 at 3:03 PM

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"Given that American goods are no longer marketable in China under the current tariff rates, if the U.S. further raises tariffs on Chinese exports, China will disregard such measures," the Ministry of Finance said in a statement. The Commerce Ministry said in a separate statement that the numbers no longer had any "economic significance" and were just a "tool of bullying and coercion" that had turned the U.S. into a "joke."

True! A joke that has wiped $11 trillion from our stock market and allowed Trump to reap incredible personal profits from his stock manipulation. Trump built this recession and got American retirees to pay for it. The Orange Klepto is laughing all the way to the bank.

#1 | Posted by censored at 2025-04-11 07:41 AM

Ooooh look another tax cut on working families according to KKKarolin Levitt

#2 | Posted by Nixon at 2025-04-11 10:32 AM

There is a fabulous post going around on social media about how this is really playing out in the minds of the leaders.

It notices that both Trump and Xi Jinping are Geminis.

They will match each other's energy forever!

#3 | Posted by snoofy at 2025-04-11 10:46 AM

Your the second person in 24 I've seen point out the closeness of trump and xi's birthdays.

#4 | Posted by Tor at 2025-04-11 10:52 AM

For people who actually believe in Astrology, it makes sense that they would point it out.

America is spiraling out of control.
Astrology offers an explanation why.

#5 | Posted by snoofy at 2025-04-11 10:58 AM

Embargo China. Everything they make is junk anyway.

#6 | Posted by itchyp at 2025-04-11 11:37 AM

All the MAGA merchandise from China will be more expensive.

What's a Trumper to do?

#7 | Posted by ClownShack at 2025-04-11 11:45 AM

America is spiraling out of control.

Took you long enough to understand this, I bet you think it just started.

#8 | Posted by oneironaut at 2025-04-11 12:29 PM

Ha! Before Trump the economy was doing well, the US wasn't threatening its closest allies and trading partners, and the entire world wasn't treating the US with disdain and laughter.

#9 | Posted by Derek_Wildstar at 2025-04-11 01:32 PM

Took you long enough to understand this, I bet you think it just started.

#8 | Posted by oneironaut

Don't worry, I'm sure this will fix it like every other Republican policy.

Just like gutting education, infrastructure, and workers' rights.

#10 | Posted by Sycophant at 2025-04-11 01:36 PM

And Donny folded. Or rather, co-president musk takes over. Tesla needs those chips.

#11 | Posted by northguy3 at 2025-04-12 03:15 PM

Half of Trump's bankruptcies - that would be three - occurred in the casino business in which, as his buddy Steve Wynn (zero bankruptcies) once observed, it should be literally impossible for the house to lose.

And now Trunp's got Xi laughing at his colossal self-pantsing.

#12 | Posted by Doc_Sarvis at 2025-04-12 04:31 PM

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