Does not seem to end in the end of the trade war that the began began Donald Trump imposing duties almost every country on the planet. After many governments imposed “payroll” customs duties on US products, the US president warned on Sunday (13.04.2025) that no country would escape taxes.
In the target of Donald Trump even came in once again China, although its government in recent days, has announced some exceptions from tariffs on technology products.
“No one will escape (…) especially China, which is far -fetched us in the worst way,” the Republican president shone and thundered via Truth Social.
This warning by Donald Trump was recorded the day after their exemption Additional duties 145% for China granted by his government to technology products, mainly to Smartphones and computers, as well as semiconductors.
“We look at semiconductors and the whole supply chain with electronic products,” Donald Trump added.
NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst! There was no Tariff “exception” announced on Friday. These products are subject to… pic.twitter.com/PDNoJmBS9f
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 13, 2025
On Sunday, the Minister of Commerce of his government, Howard Latnik, had also talked about the issue, commenting on these sectoral customs duties, especially for semiconductors, “probably in one or two months”.
As has already been announced, Today, Donald Trump is expected to announce the details of the products that will be excluded from tariffs.
‘The president will present his (tariff) policy for their semiconductors and medicinal products“, He said. “We cannot rely on China for fundamental things we need. Our medicines and semiconductors must be produced in America, “he insisted.
US announcements are in diametric contrast to what China demands, while China’s trade war is causing shocks to markets, with shares to look like they have taken the train of horrorthe price of gold in the sky and the market for US public debt under pressure.
Although the Chinese Ministry of Commerce acknowledged the “small step” that Washington made by excluding technology products, “we urge the US to (…) take a big step to correct their mistakes, completely cancel the bad practice of its reciprocal customs duties and to return to its customs duties.”
Protectionism “leads nowhere”, Chinese President Xi Jing repeated in an article published today in the NHân Dân newspaper, a body of the Vietnam Communist Party.
“Our two countries must strongly defend the polymer trade system, the stability of the global chains of the supply industry, as well as the international environment of opening and cooperation,” Mr Si said in this article.
As there is 145% cumulative customs duties in its products, Beijing has retaliated by raising 125% of its own tariffs on US products since Saturday.
While uploading the additional tariffs on Chinese products last week, the tycoon appeared to breathe to other US trade partners, announcing Suspension for 90 days of heavier duties and letting 10% of the base duties are applied by then.
Criticing Donald Trump’s attack on the field of trade a day earlier, Beij advocate of poorer countriesappealing, together with the Director-General of the World Trade Organization (WTO) Ngozi Okonzo-Juela, not to implement the additional duties that would have a heavy blow to “developing countries”, “especially the less developed of them”.
These duties’ could even cause humanitarian crisis“Chinese Minister of Commerce Wang Wedao said.
In spite of the escalation of tensions for trade between the world’s two largest economies, Donald Trump said on Friday “optimistic” about the possibility of closing an agreement between Washington and Beijing.
The US absorbs 16.4% of all Chinese exports, with all trade of $ 500 billion, according to Beijing data. Washington revolts for the big deficit in the current trade balance.
With this conflict background, Chinese President Xi Jing began a tour of Southeast Asia today. After Vietnam, he plans to travel to Malaysia and Cambodia to strengthen his country’s trade relations and promote it as a partner of trust.
The Southeast Asia market is of crucial importance to Chinese exports. In 2024, the countries of ASEAN (of the Southeast Asia State Association), primarily Vietnam and Malaysia, were the main destination of Chinese products, which reached $ 586.5 billion in total, according to Chinese customs data.