In a post on the Truth Social network, Trump also stated that he had "announced a 90-day pause" for other countries, citing more than 75 nations that have reached out for negotiations.
American president Donald tramp further escalated the trade war with China by announcing on Wednesday that he would "immediately" raise US tariffs on Chinese imports to 125 percent "because of the lack of respect that China showed towards world markets".
Earlier on Wednesday, China raised tariffs on US goods to 84 percent.
In a post on the Truth Social network, Trump also stated that he had "announced a 90-day pause" for other countries, citing more than 75 nations that have reached out for negotiations.
Both that pause and "a significantly reduced reciprocal tariff during this period of 10 percent are effective immediately," Trump wrote.
"Based on China's lack of respect for world markets, I am hereby raising the tariff imposed on China by the United States of America to 125 percent, effective immediately."
At some point, hopefully in the near future, China will realize that the days of hijacking the US and other countries are no longer sustainable or acceptable.
"In contrast, and based on the fact that more than 75 countries have invited representatives of the United States, including the Departments of Commerce and Treasury to negotiate a solution to the disputed topics of trade, trade barriers, tariffs, currency manipulation and non-monetary tariffs, I have authorized a 90-day pause and a significantly reduced reciprocal tariff during this period, of 10 percent, also effective immediately," Trump wrote.
‼️BREAKING: Trump suspends tariffs for 90 days — but at the same time raises tariffs on China to 125% pic.twitter.com/7EozJsm37p
- NEXTA (@nexta_tv) April 9, 2025
The NIS company is trying to avoid the potential consequences of US sanctions due to the Russian ownership stake. After three previous licenses, a new request for a special license has now been sent to the US Treasury Department, so that business can continue after June 27
The mayor of Belgrade, Aleksandar Šapić, registered a new property in his property register - a luxurious five-room apartment of 149 square meters, which, according to the Agency for the Prevention of Corruption, he acquired as a gift in the past year
In Serbia, during 2023 and 2024, as many as 42 percent of refugees and asylum seekers who requested help from the UNHCR managed to get a job
As many as 10 to 15 days a month, employees of Elektrodistribucija Srbije will have to do meter reading work. Repairing faults and similar regular jobs will have to wait for that time, "Vreme" learns.
The Iran-Israel war destabilized the crude oil market. Fuel prices in Serbia have increased by several dinars. What can we expect in the coming period
Can the students and the opposition make up for 51 votes in the repeated elections at polling station number 25 in Kosjerić? Is it an impossible mission or another attempt that changes everything
The Serbian Government elected the commander of the "White Eagles", Dragoslav Bokan, as the president of the Board of Directors of the National Theater. Why not read "Aco Serbs" instead of "Your hands are bloody"?
What will Vučić do when his second presidential term expires in 2027. The Constitution does not provide for a third. Maybe he won't go into political retirement
The archive of the weekly Vreme includes all our digital editions, since the very beginning of our work. All issues can be downloaded in PDF format, by purchasing the digital edition, or you can read all available texts from the selected issue.
See all
