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Donald Trump Announces 125% Tariff Hike on China Washington, April 9, 2025: Former U.S. President Donald J. Trump has announced a major economic move against China by significantly increasing tariffs. In a public statement, Trump declared that due to China's lack of respect toward global markets, the tariff imposed on Chinese goods by the United States will be raised to 125%, effective immediately. Trump stated, โAt some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A. and other countries are no longer sustainable or acceptable.โ He further mentioned that over 75 countries have contacted U.S. representatives, including the Departments of Commerce, Treasury, and the U.S. Trade Representative (USTR), to negotiate solutions on trade issues, including trade barriers, tariffs, currency manipulation, and non-monetary tariffs. As a goodwill gesture, and since those countries have not retaliated against the U.S., Trump announced a 90-day pause and a reduction in reciprocal tariffs to 10%, also effective immediately. "Thank you for your attention to this matter," he concluded. #CryptoTariffDrop #Tramp $BTC #TradingTales #tramphanthuong #crypto
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