Calculate tariffs: Trump beats China with 125 percent!

Calculate tariffs: Trump beats China with 125 percent!

In the middle of a tense trade conflict between the USA and China, a number of drastic customs increases cause unrest in international markets. Krone reports that US President Donald Trump has announced to increase the tariffs to imports from China to 125 percent. This measure comes in response to Beijing's recent decision to increase tariffs to US imports from 34 to 84 percent. These new customs sets apply from April 10, 2025.

The trade dispute already has an impact on the economy of both countries. The Chinese government accuses the United States and has announced that they want to fight to the end in the customs dispute. The Chinese Ministry of Foreign Affairs said that there was a lack of a basis for negotiations, while China calls for an attitude of equality, respect and mutual benefit for dialogue and negotiations. In the past, China was the third largest customer of EU exports and the most important importer for the EU.

retaliation measures and new trade strategies

Trump's planned customs increases are directed not only against China, but also against countries that have not taken retribution measures. By July, tariffs of 10 percent should apply to these countries, including the EU and Austria. At the same time, Wang Wentao, China's Minister of Commerce, emphasizes that the US tariffs violate the interests of all countries and damage the global economic order. This has caused the EU's first counter-tariffs to come into force on April 15, while EU trade commissioner Maros Sefcovic already had talks with Wang about economic exchange.

The EU recently introduced tariffs of 20 percent to exports to the USA, and other countries such as South Korea, Japan and Taiwan were also burdened with drastic tariffs. China's Ministry of Commerce criticized the US government for the calculation of the trade deficit, since only physical goods would be taken into account. If the ministry continues to include services and US branches in China, the economic exchange between the USA and China is "roughly balanced".

The US government initially excludes the measures to be suspended. Trump does not seem to think about extending or delay the tariffs, which only reinforces the worrying trends on the financial markets. Experts warn that the increases could not help the United States; Views state that they could lead to higher inflation pressure, weakening the industrial basis and an increased risk of recession. The trade war not only shows the effects on the countries concerned, but could also destabilize the global economy. The time emphasizes that almost 70 countries have striven for negotiations on the threatened imported in-depth, which could be a possible turning point in the course of this conflict.