Trump is threatening to jack up tariffs on China by an additional 50% unless Beijing abandons its retaliatory duties on U.S. imports.

Trump in a Truth Social post gave China until Tuesday to undo its 34% tariffs, imposed in response to the “reciprocal” duties unveiled at the White House last week.

Trump also wrote that he will cancel all planned talks with China if they do not comply with his demand.

  • Jesusaurus@lemmy.world
    link
    fedilink
    English
    arrow-up
    22
    ·
    10 days ago

    The US has a terminal disease: hubris. This is what it’s like to live in an empire in decline.

    This is exactly what I thought of Russia after their failed invasion of Ukraine. Generally regarded as a super power prior, they put on display how atrophied their millitary had become by not being able to steam roll Ukraine.