Breaking News! Trump stated that if China does not withdraw the additional 34% tariffs on the U.S. before April 8, the U.S. will impose an additional 50% tariff on China starting April 9.

Trump's move is an extreme manifestation of trade protectionism. Previously, the U.S. had implemented a series of tariff policies against multiple countries in an attempt to address the so-called trade deficit issue, but this approach not only undermines the international trade order but also brings great uncertainty to the global economy.

The threat of tariffs against China further escalates tensions in Sino-U.S. trade relations. China's imposition of tariffs on the U.S. is a reasonable countermeasure against the U.S.'s previous unreasonable trade policies and is a necessary step to safeguard its legitimate rights and interests. Trump's hardline stance will undoubtedly further exacerbate trade friction between the two sides, negatively impacting businesses and consumers in both countries.

From the perspective of the global economic landscape, as the two largest economies in the world, the stability of trade relations between China and the U.S. is crucial. Trump's tariff stick not only hinders the long-term development of the U.S. economy but also impacts global industrial and supply chains, triggering panic and turmoil in international markets. The international community generally hopes that both China and the U.S. can resolve trade differences through dialogue and negotiation, rather than resorting to this confrontational method of mutual tariff increases.

It is important to note that in international trade, tariff adjustments should be based on principles of fairness, justice, and reasonableness, following the relevant rules of the World Trade Organization. The series of tariff policies from the Trump administration is evidently a blatant violation of these principles and rules, and the consequences of these actions could plunge the global economy into deeper difficulties. We should closely monitor the development of this event and its far-reaching impact on the global economy and trade landscape. #BNB Chain#1Piece