Recently Yahoo News on-line picked up the following:
China says it will 'fight to the end' after Trump
threatens to impose still more tariffs (1/2)
The Associated Press
Updated 4:25 AM GMT-7, April 8, 2025
BEIJING (AP) — China said Tuesday it would “fight to the
end” and take countermeasures against the United States to safeguard its own
interests after President Donald Trump threatened an additional 50% tariff on
Chinese imports.
The Commerce Ministry said the U.S.‘s imposition of “so-called ‘reciprocal tariffs’” on China is “completely groundless and is a typical unilateral bullying practice.”
China, the world's second-largest economy, has announced retaliatory tariffs and the ministry hinted in its latest statement that more may be coming.
“The countermeasures China has taken are aimed at safeguarding its sovereignty, security and development interests, and maintaining the normal international trade order. They are completely legitimate,” the ministry said.
“The U.S. threat to escalate tariffs on China is a mistake on top of a mistake and once again exposes the blackmailing nature of the U.S. China will never accept this. If the U.S. insists on its own way, China will fight to the end," it added.
Analysts and traders worry about a global trade war
Trump's threat Monday of additional tariffs on China raised fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war. Stock markets from Tokyo to New York have become more unstable as the tariff war worsens.
Trump’s threat came after China said it would retaliate against U.S. tariffs he announced last week.
“If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump wrote on Truth Social. “Additionally, all talks with China concerning their requested meetings with us will be terminated!”
If Trump implements his new tariffs on Chinese products, U.S. tariffs on Chinese goods would reach a combined 104%. The new taxes would be on top of the 20% tariffs announced as punishment for fentanyl trafficking and his separate 34% tariffs announced last week. Not only could that increase prices for American consumers, it could also give China an incentive to flood other countries with cheaper goods and seek deeper relationships with other trading partners, particularly the European Union.
(to be continued)
Translation
特朗普威脅加徵更多關稅後，中國表示將「戰鬥到底」（1/2）
北京（美聯社）- 在美國總統特朗普威脅對中國進口產品加徵
50% 的關稅後，中國週二表示，將“戰鬥到底”，並對美國採取反制措施，維護自身利益。
中國商務部表示，美國對中國徵收「所謂的『對等關稅』」毫無根據，是典型的單邊霸凌行為。
中國是世界第二大經濟體，已宣布實施報復性關稅，商務部在最新聲明中暗示可能會採取更多措施。
商務部表示： “中方採取的反制措施是為了維護國家主權、安全、發展利益，維護正常的國際貿易秩序，完全正當合法。”
文章還補充說： “美方威脅對華加徵關稅，更是錯上加錯，再次暴露了美方的訥詐本質。中方絕不接受。如果美方一意孤行，中方將奉陪到底。”
分析師和交易員擔心全球貿易戰
特朗普週一威脅對中國徵收額外關稅，這引發了新的擔憂，即他推動的全球經濟再平衡舉措可能會加劇具有金融破壞性的貿易戰。隨著關稅戰的加劇，從東京到紐約的股市變得更加不穩定。
在中國表示將對特朗普上周宣布的美國關稅進行報復後, 特朗普發出這威脅。
如果特朗普對中國產品實施新關稅，美國對中國商品徵收的關稅總額將達104%。新的稅收將加徵於對芬太尼販運的懲罰性關稅（20%）以及上周宣布的單獨徵收的34%的關稅之上。這不僅可能提高美國消費者的價格，也可能促使中國向其他國家大量供應更便宜的商品，並尋求與其他貿易夥伴（尤其是歐盟）建立更深層的關係。
（待續）
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