#TRUMP has threatened a “50% tariff on China” unless they back down by tomorrow. Musk is pushing back, calling for “zero tariffs”, while “China promises retaliation”—here’s what’s actually unfolding.
Donald Trump has doubled down on his aggressive trade stance. After launching a 10% blanket tariff on all countries this weekend, he’s now targeting China directly, warning of a 50% #TARIFF on Chinese imports starting April 9 unless China withdraws its new 34% retaliatory tariff on U.S. goods. Trump shows no signs of slowing down, despite global concern. This move has triggered strong reactions in markets, with Asian and U.S. stocks swinging sharply.
Elon Musk, Tesla CEO and a Trump adviser, has called for a “zero-tariff” trade agreement between the U.S. and Europe to promote open trade. His statement reflects growing discomfort among business leaders, especially as Tesla relies on Chinese parts and could be hit hard by rising costs. Musk’s comments may be an effort to steer Trump toward a less confrontational approach.
China has made its stance clear. Its Ministry of Commerce vowed to take firm countermeasures if the U.S. escalates, while state media framed the tariffs as a challenge that will ultimately strengthen the Chinese economy. Neither side appears willing to compromise, and the situation is escalating into a wider economic standoff.
Meanwhile, the S&P 500 briefly entered bear market territory, and the Dow dropped 900 points before a partial recovery. Canada has joined the conflict by filing a WTO complaint over Trump’s 25% auto tariffs. In the U.S., anti-Musk protests continue at #Tesla showrooms, as part of the “Tesla Takedown” movement targeting his political involvement.
Today’s events show that this isn’t just political noise—it’s a major shift in global trade dynamics, with high stakes for markets, economies, and businesses worldwide.