Trump: China does not know what is good for it and will immediately raise tariffs to 125%, Beijing retaliates with 84% counter-tariffs and sanctions on 18 American companies.

After China paid tribute to the United States for 84% retaliation tariffs and sanctioned many American companies, Trump announced at midnight today that the tariffs on China would be raised to 125%, and the intensification of Sino-US contradictions has not yet seen a turnaround. (Synopsis: Trump sacrifices 104% tariffs on China!) Bitcoin killed 75,000, the Dow Jones opened 1400 points higher and then fell, and the S&P lost the 5000 mark) (Background supplement: Trump threatens China: If the 34% retaliatory tariff is not withdrawn today, the United States will increase the weight to 50%! Beijing said: Accompany to the end) Sino-US tariff war escalates again! China's Tariff Commission of the State Council announced at 7 o'clock last night that it will raise tariffs on U.S. imports from 34% to 84% from 12 noon Beijing time on April 10, pushing the Sino-US tariff war to a new high. China sanctions 18 U.S. companies At the same time, China's Ministry of Commerce also quickly took countermeasures, announcing last night that six U.S. companies would be added to the "Unreliable Entity List", prohibiting them from importing, exporting and investing with China on the grounds that they are involved in arms sales or military cooperation with Taiwan and harm China's interests, including Shield AI, Sierra Nevada Corporation, Cyberlux Corporation, and Edge Autonomy Operations LLC、Group W、Hudson Technologies Co。 In addition, China has placed 12 U.S. entities on an export control list that prohibits the export of dual-use items to them to protect national security, including American Photonics, Novotech, Echodyne, Marvin Engineering Company, Exovera, Teledyne Brown Engineering, BRINC Drones, SYNEXXUS, Firestorm Labs、Kratos Unmanned Aerial Systems、Domo Tactical Communications、Insitu。 At the same time, China's Ministry of Commerce also reiterated in a statement that the US tariff measures "harm both the interests of the United States and the stability of global supply chains" and said that China will continue to take all necessary measures to defend its national interests. Trump slows tariffs only to strengthen the fight against China Not to be outdone, Trump announced a 90-day suspension of reciprocal tariffs on more than 75 countries and reduced them to 10%, while announcing that the United States will increase tariffs on Chinese imports by 125%, effective immediately. (Previously, the US tariff on China was just raised to 104%) Based on China's lack of respect for the world market, I hereby announce that from now on, the US tariffs on China will be increased to 125%. Hopefully, in the near future, China will realize that exploitation of the United States and other countries is no longer sustainable or acceptable. When will the Sino-US tariff war end? Sino-US tariff development process On April 3, Trump launched a comprehensive tariff policy that affects more than 180 countries around the world as scheduled, including a universal 10% benchmark tariff and high reciprocal tariffs for some countries. Among them, Trump focused on China, announcing a 34% reciprocal tariff on China, plus the previous tax rate, the total tariff reached 54%. However, while many countries have expressed their willingness to negotiate with the United States, China has taken a very different attitude, introducing a 34% retaliatory tariff against the United States the next day, and accusing the United States of "unilateralism and economic bullying", stressing that "there is no winner in a trade war" and vowing that China will "accompany it to the end." On April 9, Trump imposed another 50% tariff on China on the grounds that China retaliated against the United States (the total tariff reached 104%), in exchange for China's strong retaliation, and China also raised the tariff against the United States to 84%. At present, Trump has raised tariffs on China to 125% again, and China has not yet made a clear response. At present, the negative impact of the tariff war is obvious to all, especially between the two major economies of China and the United States, and the International Monetary Fund (IMF) has also warned that if the Sino-US trade war breaks out in full, global economic growth may slow down or even fall into recession. At the same time, most analysts agree that there is no real winner in the tariff war. Institutions including Morningstar pointed out that trade barriers will cause consumers in China and the United States to face higher prices and corporate profits to shrink. U.S. farmers and manufacturers, and Chinese exporters and workers will all be hit significantly. Other studies show that the tariff war of 2018-2019 has caused US consumers to pay higher prices, while China has lost a large export market. However, the United States and China have not yet shown signs of concession, and the leaders of the two sides have no plans for talks, and whether Sino-US relations will further deteriorate and escalate will become a key variable in the next global economic situation. Related reports Who is pushing tariffs behind Trump: "belligerent corner in the middle" economist Navarro Trump "simply miscalculated" reciprocal tariffs! AEI scholars exploded: tax rate irrigation 4 times, key parameters did not understand Foreign media exposed that Musk "privately lobbied Trump" to withdraw tariffs but failed, and the White House trade adviser: There is a problem with the brain "Trump: China does not know how to immediately raise tariffs to 125%, Beijing retaliates with 84% tariffs, sanctions 18 US companies" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".