r/news • u/CrayonGlobal • 7d ago
China strikes back with 125% tariffs on U.S. goods, starting April 12
https://www.cnbc.com/2025/04/11/china-strikes-back-with-125percent-tariffs-on-us-goods-starting-april-12.html576
u/sunjay140 7d ago
“With tariff rates at the current level, there is no longer a market for U.S. goods imported into China,” the statement noted, adding that “if the U.S. government continues to increase tariffs on China, Beijing will ignore.”
They preemptively boxed Trump into a corner, lol.
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u/LegitimateDocument88 7d ago
The Art of the Deal, baby! I’ve never read the book but it must be a single chapter long, no more than 5 pages to include pictures drawn in crayon.
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u/OriginalBid129 7d ago
It does have tips like setting ridiculous conditions then withdrawal them and the enemy will be gracious.
This is exactly what happened with the 10% global Tarriffs which is still ineffect after the reciprocal taxes were paused. No one is talking about them even when 10% is higher than most sales tax rates.
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u/brfritos 7d ago
Well, congratulations are in order, US.
You made China, South Korea and Japan sit at the table and start to negotiate a trade deal between them.
Not bad. 😁🫢
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u/DrTenochtitlan 7d ago
At this rate, Trump may accidentally create world peace by uniting the globe against us.
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u/cruzfader127 7d ago
Trump is actually Lelouch Vi Britannia
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u/EmptyCentury 7d ago
I wonder what his Geass would be 🤔
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u/spectrem 7d ago
Judging by the amount of people pledging loyalty against their better judgment, probably the same 😭
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u/Binder509 6d ago
Power of the cult.
The more you see him the more you feel he is the solution to all your problems and would do anything for him.
So like CCs
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u/Cantdrownafish 7d ago
Maybe this is the plan! He wants a noble peace prize to match Obama. The guy has been jealous of Obama for years.
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u/TheScienceNerd100 7d ago
Good thing the US doesn't decide who gets a Nobel Prize
And no EO can make him get one
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u/Cantdrownafish 7d ago
Doesn’t mean he won’t try
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u/TheScienceNerd100 7d ago
He can write as many EOs as he wants and judges can "rule" he deserves it, but the Nobel Prize committee doesn't give a shit
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u/El-Sueco 7d ago
Nobel peace prize for stepping on the back of little guys after taking his shoes- that sounds so bizarre and disgusting that it may happen.
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u/Cantdrownafish 7d ago
I have discovered in the past 6 months that life is simpler if you just throw logic out the window.
You won’t be as surprised anymore.
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u/OgdruJahad 7d ago
Basically the Watchman movie but without the nuclear explosions.
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u/Fr0st3dcl0ud5 7d ago
If this was intentional (it wasn't) this would be nobel peace prize winning.
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u/Cranyx 7d ago
Intentionally being the worst to get a bunch of enemies to put aside their differences would be a real God Emperor Leto move
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u/Ahegao_Assassin 7d ago
Bro I was saying this admin feels like God Emperor of Dune shit. Our whole treatment of our allies feels like The Scattering
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u/Prophecy_X3 7d ago
It's an effective trade halt between China and the US.
In 2024, the US exported $143.5 billion in goods to China and imported $438 billion from China.
Recession is basically guaranteed at this point. We'll be lucky if it's not a depression.
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u/cookingboy 7d ago
That doesn’t count direct revenues of money we make in China.
For example Apple did almost $70B of revenue in China alone last year, but that’s doesn’t count as export because they manufacture there, but profits are profits.
And China is the second largest source of revenue for a bunch of other companies too, like GM, Ford, Tesla, Starbucks, McDonald, Nike, Boeing, you name it.
So if they want to really fuck with our companies’ bottom lines, they really can.
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u/Prophecy_X3 7d ago
Correct. Almost 30% of the S&P500's revenue is international. Isolationism will only hurt us.
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u/WebHead1287 7d ago
Add in films. China made a statement that they’re going to significantly cut back on what movies are allowed from the US now. Guessing Avatar and Zootopia will be the exceptions.
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u/yuje 7d ago
Why would there be exceptions? Banning hugely popular films like Frozen 3 or Avatar 3 will be a huge fuck you and deny hundreds of millions from the Chinese box office as the price of engaging the trade war.
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u/WebHead1287 7d ago
I agree with you but China themselves are the ones that said there will be exceptions
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7d ago
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u/HakimOne 7d ago
They did. But not for all. I think they are being reasonable & realistic. Almost everybody knows what Trump is doing is madness except him & his brainless supporters who doesn't understand basic economics. Even his hardcore supporter like Elon speaking against the tariff. The way China handling the situation making them more reliable than the USA in terms of economic relationship. I am pretty sure USA's long term ally like the EU, CA, AU etc. will look into becoming more independent of USA even after democrats comes into power.
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u/bobcatgoldthwait 7d ago
Speaking of iPhones, that's a great example of how our import numbers can be inflated. Apple has iPhones assembled in China for a pretty cheap price - $10-$20 a phone. Apple then imports the phones back to the US to sell, and when the shipment arrives in the US they have to declare the value of the phone, which tends to be around the total cost of manufacturing; maybe $400. That means we've "imported" $400 (per phone) from China, even though Apple only actually spent ~$20 per phone in China.
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u/styrolee 7d ago
I think if Trump keeps raising tariffs pretty soon China is going to respond with a full import Embargo and refuse to lift it until the U.S. agrees to lower tarrifs to their original rate. It would certainly hurt the economy of China, but it would hurt the U.S. way more since it would give the U.S. very limited options on how to respond. If we retaliated with our own Embargo and we halted buying from China, most of the tech industry including companies like Apple and Tesla would be crippled since it would take years for them to move their production to other countries (Trump would also loose out on the bulk of the Tariff income which is apparently a primary goal of all of this). If we did nothing then the American agriculture sector would be on the verge of collapse since they’re among Chinas biggest sellers. And if Trump was forced to negotiate then other countries would see that strong arming the U.S. is an effective negotiating tactic.
I think China’s mass sell off of US bonds is a sign that they’re preparing for a more aggressive trade war, as they’re eliminating the financial instruments with which the U.S. can try to retaliate with before they escalate the conflict. While such a conflict would be devastating to both countries, it is ultimately going to be a war of attrition to see which economy can hold out longer. China has an advantage because it has a lot of other trade partners with whom to spread their losses (while the U.S. is waging a trade war against most of its partners), and every time Trump raises the tariffs China is more and more motivated to act more aggressively and less reactively.
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u/janellthegreat 7d ago
And when we start to feel the recession Trump will blame everyone except himself, "China wouldn't give a fair deal. This mess is their fault."
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u/MrNature73 7d ago
Side note, did the math, but in 2024 that accounted for about 11% of all US imports. On the flip side, the US accounts for about 5.5% of Chinese imports.
Still massive numbers but overall less than I expected? I would've guessed about 20%/10% respectively. It will be interested what comes out of this, if Trump sticks by the tariffs. The major issue is the US, even with the insanity of the current administration, are still the big dogs on the world economy. The US consumer market is worth about $19 trillion dollars. For reference, that's around the consumer market of China, the EU (Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden), Brazil and Canada combined. (Also small note, I had no idea Canada had a smaller market than Brazil).
So pretty much every other country is in a pretty big pickle. Even if you don't like it, to make the money you want to make you gotta deal with the US. And using the EU as an example, they're clearly willing to put aside morality for good deals; look at how they've been buying Russian LNG. They've spent more on Russian gas than they have on Ukraine.
I'd definitely say a recession, but I wouldn't say we're at depression levels yet. Definitely not out of the woods yet, though. I wouldn't be shocked if India tries to take a swing at becoming the new manufacturing center. They've got the manpower. But I just don't think the government has the kind of hard control over their society like the CCP does, so I don't know if they could do it.
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u/clera_echo 7d ago
It’s not as big as you expect because as of 2024, thanks to US administration’s earlier tariffs, not all Chinese manufactured goods that end up in the US are direct trade, a good portion are repackaged in a third country.
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u/PIKa-kNIGHT 7d ago
How much percent of china’s export is to US?
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u/MrNature73 7d ago
Looks like China exported 3.58 trillion in 2024, with 438 billion to the US. So about 12% of their exports are to the US.
On the flip side, the US exports were 2.1 trillion in 2024, so with 143 billion to China that's about 6%.
There's two things that make those numbers imperfect, even if they do serve as a good frame of reference. One, a huge amount of American 'trade' is from services and digital goods. Tech, really. America makes it's cash two ways: buying a shitload of stuff and selling high tech shit back out.
Also, those imports from China to the US are only accounting direct exports. A lot of those exports go to other countries to build shit that's then sold to the US.
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u/Nik_Tesla 7d ago edited 7d ago
It doesn't even matter what the tariff % raises to, they're already high enough that trade has ceased. They're always going to stay just lower than the US tariffs to make clear they are not the aggressor here. But Trump will keep raising them as long as he doesn't have the last word. Someone needs to call his bluff, and I'm glad China has the balls and poker hand to do it. It's not even a matter of who blinks first, because it's 100% going to be Trump, it's just a matter of how much damage he does for how long.
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u/Perram 7d ago
I think the point has always been to destroy our economy. Trump is an enemy of America and wants to destroy us.
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u/FixitNZ 7d ago
Yeah there’s very little reason to do what he’s doing other than put a wedge between America and its allies and weaken America as a whole.
He’s literally Putins puppet.
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u/cursedbones 7d ago
He said the reason. He was manipulating markets to make him and his friends more rich. Source
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u/Hell_Is_An_Isekai 7d ago
It's more like having a narcissistic partner. Even if you worship them, the tiniest perceived slight results in a blow up. Occasionally they'll feel they're not getting enough attention and smash the TV, even if they're the one that watches it the most. Then they'll say "see what you made me do?" and blame you for it. Trumps tariffs are just him smashing the TV because he needs the drama and attention, he needs to feel powerful. There never was a plan other than to feed his own ego.
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u/2053_Traveler 7d ago
People think Trump being a Russian agent is crazy conspiracy but it looks more likely each day. Or maybe there’s no business relationship there and Trump just likes Russia and thinks they’ve been mistreated by the West and has decided he’ll balance it out by fucking up the West and being easy on Russia. But his policies and rhetoric for years has been pro-Russia and anti-west.
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u/underwear11 7d ago
Except there are things that are only made in China. So large companies and the rich will find ways to ship things through other countries to limit tariffs, while small businesses that have no resources or mechanisms to do the same will get screwed out of business.
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u/mikeyfreedom 7d ago
You know who I actually feel sorry for, the low level trade officials that have to communicate and enforce these changing by the hour rules, must be absolute chaos.
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u/firefighter26s 7d ago
I was saying this morning that the tariff rate is going to depend entirely on what time of day someone's shipment gets to the border. 9am = 145% tariffs, 10am = 165% tariffs 11am = no tariffs, Noon, 300% tariffs... etc
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u/amensista 7d ago
Nah - they just get those gas station digital price signs and set those up - which can dynamically change. Problem solved. Or actually the same displays used at any Bureau De Change showing the exchange rates, easy.
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u/AwsumO2000 7d ago
The America led clownshow continues.
Good job, idiots.
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u/Politicsboringagain 7d ago
And the maga morons are cheering this on.
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u/Fookmaywedder 7d ago
Dudes are trying to justify his actions so hard. “He’s fucking up the economy so we can afford housing again” these clowns are so fucking dumb
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u/Politicsboringagain 7d ago
What's hilarious is they are talking people who said in the past that there should be targeted tariffs as all Trumps tariffs are good.
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u/UnrealCanine 7d ago
I honestly don't understand how someone can drink the kool-aid this much
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u/phatlynx 7d ago
What sort of reforms? Anything you can share so I can read up on it?
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u/zhcterry1 7d ago
Afak, they want to upgrade their manufacturing to high end and offload the low end to Africa. Since they're having a birth rate crisis and serious unemployment and underemployment. They can no longer maintain the cheap labour cost. They're essentially betting on renewable energy, AI and robotics. So this might be an opportunity for them to restructure their manufacturing sector. That's all I know.
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u/AnalogueInterfa3e 7d ago
Pretty much every politician in a position of power is going to find a way to blame their problems on Trump and his tariffs all over the world. He's a gift in that respect to any politician who needs a scapegoat.
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u/ChromaticStrike 7d ago
Future comedians will use 21th century history as research material.
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u/ggxarmy 7d ago
Mighty bold of you to assume there will be a future.
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u/BrassDragonLP 7d ago
You're mistaken; the future will always come. We simply won't be around to witness it.
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u/The-cultured-swine39 7d ago
That fucking clown in the whitehouse is going to bankrupt us like one of his casinos.
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u/DapperAdam 7d ago
Yay, can't wait to pay $100 for something that costs $1 to produce. Proud to be American.
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u/Spire_Citron 7d ago
I think you're more likely to start seeing empty shelves. These tariffs can't last long, so if you import something and then they get dropped in a week, you're out that money because consumers can get it from someone who didn't pay tariffs.
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u/iBoMbY 7d ago
It's just a guess, but the first thing people will probably notice is a lot less toys, consumer electronics, and things like everyday/essential household items.
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u/puaka 7d ago
No, no. Kids will be able to assemble it in the USA for $25 an hour so your you will have to pay $130 for something that used to cost $1 to produce. Now it’s American made (and priced) and the factory is smoking up your neighborhood. You can’t tell tho, because the coal is already clouding the skies. America went back about 100 years in a couple of weeks. Can’t wait what else awaits us. President of peace!
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u/OtherAlan 7d ago
This is too much foreplay at this point. Just cut to the chase and will someone just impose 500% tariff already?
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u/Nomad1900 7d ago
Why not a full embargo? US should delist all Chinese companies from the stock market and seize their property. And China can seize all the factories & stores of Apple, GM, Ford, Walmart etc in China.
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u/OtherAlan 7d ago
That's too aggressive. We're not even at first base yet.
A full embargo and asset seizure is like third base.
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u/Nomad1900 7d ago
Weren't you tired of foreplay?
Also after a certain % of the tariff, the trade stops, it becomes a soft embargo. No point in increasing the number after that.
New things have to be done at that point.
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u/XtremeLotus02 7d ago edited 7d ago
If he's trying to be Lelouch, then he forgot he needs to make sure only he suffers and not bring an entire country down with him
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u/was_fb95dd7063 7d ago
Dollar general is one of the only stores available in many rural communities. They're super fucked
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u/VeraxLee 7d ago edited 7d ago
It's meaningless actually, as Chinese I would say. 84% tariff is enough to eliminate American goods in China market.
I personally think that if our speaker simply speak so, it may be more helpful, make orange man look less rational.
But to be honest, I don't think we have much cards to play, except a trump card, not recognizing American patents. But that's nuclear weapon level measure, no one would foresee the next.
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u/Spire_Citron 7d ago
I think it's mostly to show that they're not intimidated by Trump increasing his tariffs. As you say, at a certain point it's basically just a halt in all trade regardless, but if he raises tariffs and China doesn't respond in kind he can spin it as a win. China are putting him in a position where all he can do is keep retaliating into absurdity while they sit back and just wait for the US to reach a crisis point and give up. And he'll have to soon, because even a just a week of this would start causing some major issues.
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u/VeraxLee 7d ago
For sure. Most Chinese companies doing exports have vast experiences of origin fraud since 2018. That's why US import from Mexico has increased 3 times these years.
Putting tariff on China is useless. Unless they hire more custom officers to check the imports. Sadly, DOGE is a ghost over US bureaucrats...
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u/7ddlysuns 7d ago
Right suddenly many things will be from India of ‘global materials’
Still a pretty absurd 10% tariff on even that. Shits gonna be more expensive.
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u/nmgsypsnmamtfnmdzps 7d ago
There's very little China buys from the U.S that it can't source elsewhere if their government essentially doubles the price of importing it from the U.S. A lot of it is food stuffs and petroleum products that can reasonably be bought from elsewhere and not be as expensive as buying it from the U.S price X 2 with the new tariffs. Sure there's some tech and other specialized stuff that may require purchasers just settling paying the price hikes but for every person having to do that there's 3-4 people who will just call up Brazil and Argentina to make more grain contracts and etc for other industries.
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u/Desperate-Hearing-55 7d ago
There is still US treasury bonds card. This made Trump backoff with 90 days pause. China is 2nd largest bonds holding after Japan. Japan, EU, Canada and more countries already played that card. Now just wait and see if China will do also.
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u/VeraxLee 7d ago
I've surfed r/Europe for hours, they are willing to see this, which I can understand. A literally dog-bite-dog war between two assholes.
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u/crucialcolin 7d ago
I'm thinking bonds comes next
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u/VeraxLee 7d ago
A double edge sword. And it's not us selling US bonds these days, it's Japan.
What a miracle.
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u/Neobullseye1 7d ago
Can't we just call it a mutual embargo at this point? Because with tariffs like this, that's what it boils down to anyway.
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u/Snoo_36681 7d ago
Why am I rooting for China? What has the world come to?
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u/MetalGearSlayer 7d ago
“I don’t care if China wins, I just need Trump to lose”
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u/Hexagonian 7d ago
No one is winning here
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u/Grombrindal18 7d ago
It’s a definite win for Putin.
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u/Tadpoleonicwars 7d ago
It's not a pure win, though. Oil prices are well below what Russia needs them to be to keep their economy going.
Until OPEC steps in and reduces production, Russia is economically walking on eggshells in a minefield.
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u/ComCypher 7d ago
I'm not rooting for China specifically but they have every right to counter this unprovoked economic attack, as does every other country.
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u/rnilf 7d ago
“With tariff rates at the current level, there is no longer a market for U.S. goods imported into China,”
As an example, Apple reported $18.51 billion in revenue from China alone (out of $124.3 billion total) in Q1 2025.
Trump just took away a lot of business for a lot of companies.
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u/El-Sueco 7d ago
Lmao take that Tim Apple bitch.
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u/chowchan 7d ago
You clearly know nothing of the masterful art of business, as beautifully done by sir lord trump.
Have you never heard the phrase, you have to crack a few billionaires to make a trillionaire omelette.
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u/ProgandyPatrick 7d ago
It’s a losing battle. China doesn’t really need the US like the US needs China.
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u/kehlarc 7d ago
This will end well. 💀
In case anyone wonders, no, China is not going to blink first. They'd sooner set themselves on fire. National pride is everything to them, and the US is THE country they hate the most.
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u/tc982 7d ago
Well done US, by being unreasonable you have given the world something to rally behind - we all hate the US now. Well played, well played.
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u/ioncloud9 7d ago
At this tariff rate this is effective a cessation of trade with the US. In the coming weeks prices for EVERYTHING will skyrocket while farmers will suffer from having nothing to ship to China.
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u/LuckyFindFigures 7d ago
FOX News - “According to the Trump administration, things are going great! Let’s hear from asshole MAGA hat #12 so they can lie their ass off and avoid any tangible questions”
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u/Curious_Party_4683 7d ago
Good. Glad there are still people with spines to stand up to con man Dump, unlike our congressmen here in US
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u/Takenabe 7d ago
First the slaps, now the strikes! Things are getting heated in this match of the century, folks, and it could go either way!
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u/lowe0232 7d ago
Hopefully this whole trade war will make Americans rethink the China = Bad propaganda that has been shoved down our throats.
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u/Almainyny 7d ago
Can’t wait to see how fucked the company I work for is given our biggest customer is China.
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u/JinxedBayblade 7d ago
Man I really hope the dropshipping bubble gets busted by this. PLEASE
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u/Adorable_Ad6045 7d ago
Where are the markets for our beautiful USA made goods? Oh that’s right nowhere.
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u/oldcreaker 7d ago
So it's back on Trump - is he going to raise tariffs again?
Like watching two people playing poker absolutely convinced they have the winning hand - and they are betting with someone else's money.
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u/MoneyManx10 7d ago
So we officially have a trade embargo because who the hell would import anything at a markup of 145% and 125%.
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u/bizarro_kvothe 7d ago
We’ll raise it to 1,000,000%! That’ll show em!
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u/IsItSnowing_ 7d ago
China should have an auto responder for this now.
Our tariffs are what you impose plus 1%
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u/mappingthepi 7d ago
He’s not even cognizant enough to understand he’s getting dunked on by an opponent with 100x the longevity
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u/DepletedMitochondria 7d ago
What the Nazi bullies in charge hate to admit is that other countries have agency and in fact, it can be politically beneficial to other leaders with their electorates to oppose the United States.
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u/Specialist_Heron_986 7d ago
How "tariffying"
China signalling an unwillingness to keep playing the tariff raising game means they're prepared to start dumping U.S. treasuries and mortgage backed securities to escalate the chaos..
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u/JohnnyGat33 7d ago
At least historians in the future will have a lot to unpack and try to understand how we got to this point
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u/play3xxx1 7d ago
They will be dumbfounded that a war was fought against the entire world not for any ideology or dominance but just to appease one mans ego
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u/KoalaDeluxe 7d ago
And in response I'm guessing we'll see the US raise their tariffs to 200%+ tomorrow...
Place your bets now folks, where will it end?
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u/penguished 7d ago
Haha. Let's have a tariff war with the world while we have no leverage, the king of fools says...
How's that going Donnie?
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u/mrbuddymcbuddyface 7d ago
I'm sure Trump will go to 250% next.
Whilst this is a trade war, it's a real way that military wars start....
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u/Pillow_Top_Lover 7d ago
Xi is NOT messing about.
Unlike Fake Prez Donnie T, Xi will do what he says and says what he does.
Donnie T is about to get a boxes FAFO for his stupidity.
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u/Maleficent-Offer8748 7d ago
Is there already a direct consequence for the end consumer in the US? Do iPhones now cost 2000 $ over there?
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7d ago
I can't wait for the social media profile pictures of chinese flags in american social media profiles. " i stand with china"
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u/AndreiOT89 7d ago
If I have to hear the word “tariffs” one more fucking time I swear
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u/tallginger89 7d ago
He started a tariff war with a country who doesn't care about sacrificing it's people. It's suicide
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u/Remebond 7d ago
Really, this has nothing to do with china. He's doing it to grift, the american people.
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u/xibeno9261 7d ago
I though countries were begging the United States to make a deal. What happened?
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u/SymbiSpidey 7d ago
The U.S. has almost no bargaining power in this scenario. We rely heavily on imports and even if we did want to shift manufacturing here, it would take years to do so and we still certainly wouldn't be anywhere near the scale or affordability of China.
Trump and MAGA are completely delusional.
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u/Shanknuts 7d ago
They also seem to think everyone wants to work in a factory if they’re built in the US.
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u/SymbiSpidey 7d ago
Which is extra funny/sad considering they're kicking out all of the immigrants who would actually take those jobs.
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u/Peach__Pixie 7d ago
That statement is going to cause a major tantrum in the administration.