• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Economy

Trump imposes 104% tariff on China after missed deadline 

Israel Ojoko by Israel Ojoko
April 9, 2025
in Economy
Trump vows to impose 25% tariffs on autos, pharmaceuticals, others 
Share on FacebookShare on TwitterShare on Linkedin

The Trump administration has intensified its trade conflict with China, announcing a steep 104% tariff on Chinese imports after Beijing failed to meet a Tuesday deadline to lift its retaliatory tariffs.

This move follows President Donald Trump’s assertion that China is eager to “make a deal badly.” 

White House Press Secretary Karoline Leavitt confirmed the new tariffs during a press briefing on Tuesday, stating they would take effect at midnight on April 9.

MoreStories

Lagos state attracts $2.73 billion capital inflows in 3 months – Sanwo-Olu

Lagos state attracts $2.73 billion capital inflows in 3 months – Sanwo-Olu

March 6, 2026
Malawi cuts benchmark interest rate to 24% as inflation pressures ease

Malawi cuts benchmark interest rate to 24% as inflation pressures ease

March 6, 2026

Leavitt reiterated Trump’s belief that China made a strategic error by retaliating against earlier U.S. tariffs.

She remarked, “The president, when America is punched, he punches back harder, that’s why there will be 104% tariffs going into effect on China tonight at midnight.” 

Leavitt also noted that Trump would be “gracious” if Chinese President Xi Jinping sought to negotiate a deal, signaling a potential opening for dialogue despite the escalating tensions.

Background and global reactions 

The additional 104% tariff builds on Trump’s reciprocal tariffs plan, which already included significant levies on Chinese goods.

  • On April 4, Trump declared “Liberation Day” while unveiling a list of tariffs, prompting mixed reactions globally.
  • Some nations sought to negotiate better trade terms with the U.S., while China responded with a 34% reciprocal tariff on U.S. imports, vowing to “fight to the end” and accusing the U.S. of “blackmail.” 

The Trump administration has justified its aggressive trade measures by accusing China of employing non-market policies that grant it “global dominance in key manufacturing industries” and “decimating U.S. industry.” 

Trump’s stance on tariffs 

Despite outreach from trading partners seeking relief from the levies, Trump remains resolute in his tariff strategy.

  • During a meeting with Israeli Prime Minister Benjamin Netanyahu on Monday, Trump emphasized the importance of tariffs to his economic agenda.

He stated, “We’re not looking at that,” in response to calls for tariff relief, while leaving the door open for “fair deals and good deals with every country.” 

What you should know 

On Tuesday, the Chinese Commerce Ministry, through state news agency Xinhua, declared its unwavering opposition to Washington’s proposed 50% tariff hike on Chinese imports, vowing to take decisive countermeasures to protect its national interests.

  • In a strongly worded statement, the Commerce Ministry criticized the U.S. for what it described as “unilateral bullying” and “blackmail.”
  • The Ministry asserted that the proposed tariff escalation is both groundless and a violation of international trade norms.

It emphasized that China’s countermeasures are legitimate actions aimed at safeguarding its sovereignty, security, and developmental interests while maintaining a stable international trade order.

The Ministry further accused the U.S. of compounding its mistakes with the tariff escalation threat, which it argued undermines global trade stability.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Israel Ojoko

Israel Ojoko

Israel Ojoko is a dynamic journalist renowned for his in-depth coverage and insightful analysis on a diverse range of topics. With a keen eye for detail and a passion for storytelling, Israel has penned impactful articles on the economy, political developments, fintech, and cybersecurity, among many others. His dedication to uncovering the multifaceted narratives has established him as a trusted voice and influential figure in contemporary journalism.

Next Post
Cryptocurrency market plunges as Trump’s tariffs on China take effect 

Cryptocurrency market plunges as Trump's tariffs on China take effect 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics