Trump threatens a 50 % new tariff for China at the top of “mutual” duties – national

President Donald Trump The additional definitions threatened China On Monday, he raised new concerns that his leadership of balance can lead the global economy to a commercial war.

Trump’s threat, which he threw on social media, came after China said it would be discussed against the American definitions announced last week.

“If China does not withdraw a 34 percent increase from its long -term commercial violations by tomorrow, April 8, 2025, the United States will impose an additional tariff on China by 50 percent, as of April 9,” he wrote in social reality. In addition, all conversations with China will be terminated regarding its required meetings with us!

Trump remained united as the stock market continued and the recession is increasing.

“Be strong, brave and patient, and the result will be the result!” books.

Dow Jones Industrial Malce decreased 1200 points with the start of trading on Monday morning, and the S&P 500 was on the right path to enter the bear market, which means a decrease of 20 percent of the highest modern level. Even some Trump’s allies make warnings about economic damage, and financial expectations indicate more pain on the horizon of American companies, consumers and investors.

The Republican President insisted that his definitions are necessary to re -balance global trade and rebuild local manufacturing. He accused other countries of “benefiting from the good United States of America!” In international trade, they said, “Our former leaders are responsible for allowing this.” China was distributed as the “largest aggressor” and criticized Beijing for increasing its own tariff.

Trump also called on the Federal Reserve to low interest rates. On Friday, Federal Reserve Chairman Jerome Powell warned that definitions may increase inflation, and said, “There is a lot of waiting and vision, including by us,” before making any decisions.

Investors expect the US Central Bank to reduce standard interest rates at least four times by the end of this year, according to Fedwatch’s CME Group, a sign that concerns about inflation will be overcome by fears of workers and shrinking economy.

Trump spent the weekend in Florida, arrived on Thursday evening to attend a Saudi -funded championship at his stadium in Miami Golf. He stayed in Mar Lago, his own club in Palm Beach, and Golf in two of his nearby property.

On Sunday, he posted a video of himself hitting a campaign, and told reporters on Air Force One in that evening that he won the club championship.

“It is good to win,” Trump said. “I heard that I won, right?”

He also said that he would not back down from his definitions despite the unrest in global markets.

“Sometimes you should take the medicine to fix something,” Trump said.

Goldman Sachs issued new forecasts saying that the recession has become more likely even if Trump was back away from the tariff of customs. The financial company said that economic growth will slow down “after a sharp tightening of financial circumstances, foreign consumer provinces, and a continuous rise in uncertainty in politics is likely to bother the capital more than we have previously assumed.”

European Commission President Ursula von der Lin said that the European Union will focus on trade with other countries alongside the United States, saying that there are “enormous opportunities” elsewhere.

Trump said he spoke with Japanese Prime Minister Shigro Eshiba to start commercial negotiations. He complained about the social truth, “They dealt with the United States very badly in trade” and “they do not take our cars, but we take millions of them.”

Ishiba said that Trump told “heavily concerned” that the customs tariff would inhibit investment from Japan, which was the largest investor in the world in the United States in the past five years. He described the situation as a “national crisis” and said that his government would negotiate with Washington to urge Trump to reconsider the definitions.

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White House Trade Adviser Peter Navarro suggested that the countries will need more than just reduce their customs tariff rates to reach deals, saying that they will have to make structural changes on their tax and organizational symbols.

“Let’s take Vietnam,” he said at CNBC. “When they come to us and say,” We will go to a zero tariff, “and this does not mean anything to us because it does not matter unimportant fraud.”

On Monday, the President is scheduled to welcome Los Angeles Dodgers at the White House to celebrate their victory in the world series. He also meets with Israeli Prime Minister Benjamin Netanyahu, and is expected to hold a joint press conference in the afternoon.

Trump sought a unified front after the chaotic fighting in his first term. However, economic turmoil has revealed some fractures within its varying alliance.

Bill Akman, the director of hedge funds, criticized the Minister of Commerce, Howard Lootnick, on Sunday as “indifferent to the stock and economy market.” He said that Cantor Fitzgerald, the financial company led by Lootnick before joining the Trump administration, was benefiting because of the bond investments.

On Monday, Akman apologized for his criticism, but he repeated his concerns about the Trump tariff.

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White House Economic Adviser Kevin Haysit told Fox News that Akkaman should “slightly reduce the speech.”

He insisted that other countries, not the United States, “will bear the burden of definitions.”

Billionaire Elon Musk, Supreme Adviser to Trump in the reform of the federal government, has expressed doubts about the customs tariff during the weekend. Musk said the definitions will increase the costs of Tesla, the electric car manufacturer.

“I hope that it will be agreed that both Europe and the United States will move perfectly, in my opinion, to put a zero tariff, which effectively creates a free trade zone between Europe and North America,” Musk said at the video conference with Italian politicians.

He added, “This was my advice for sure to the president.”

Navarro later told Fox News that Musk does not understand the situation.

“It sells cars,” said Navarro. “This is what he is doing.” He added, “It simply protects his interests as any businessman will do.”

___ The Associated Press Mary Yamaguchi’s Associated Presse from Tokyo.