Trump escalates trade war with new tariff threat for China

Original article by Michael Koziol
The Age – Page: Online : 8-Apr-25

President Donald Trump has threatened to impose an additional levy of 50 per cent on Chinese imports if the Communist nation does not back down on its move to match the USA’s reciprocal tariff of 34 per cent. Trump also indicated that US officials will immediately commence negotiations with other nations that are open to a compromise regarding tariffs. Meanwhile, both of Australia’s major political parties have ruled out relaxing the nation’s biosecurity laws in order to secure tariff relief. US beef can be imported if is from cattle that was born raised and slaughtered in the US, although beef from cattle that was raised in Canada or Mexico remains prohibited.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

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