Trump Reacts to China’s Huge Retaliatory Tariffs on US
April 4, 2025
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Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and was a Senior Reporter before that, mostly covering U.S. news and politics. Shane joined Newsweek in February 2018 from IBT UK where he held various editorial roles covering different beats, including general news, politics, economics, business, and property. He is a graduate of the University of Lincoln, England. Languages: English. You can reach Shane by emailing s.croucher@newsweek.com
Shane Croucher
Breaking News Editor
news article
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
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President Donald Trump said China has “panicked” in its retaliation to his tariffs, saying Beijing has “played it wrong”.
The Chinese finance ministry said on Friday it would impose a 34% additional tariff on all U.S. imports from April 10.
Trump had unveiled a 34% additional tariff on Chinese imports on Wednesday.
“CHINA PLAYED IT WRONG, THEY PANICKED – THE ONE THING THEY CANNOT AFFORD TO DO!” Trump wrote on his Truth Social platform on Friday morning.
The stock markets have opened sharply down on Friday morning in response to the unfolding trade war, extending Thursday’s losses.
This is a breaking news story and more information will be added shortly.
U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House on April 3, 2025 in Washington, DC. U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House on April 3, 2025 in Washington, DC. Andrew Harnik/Getty Images
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