Stock Market News

China Rejects US ‘Tariff Blackmail’, Vows to ‘Fight to the End’ as Trump Threatens 50% Tariff Hike

In a sharp escalation of trade tensions, China has firmly rejected the latest tariff threats from the United States, calling them “economic intimidation” and warning that it will not bow to pressure. The strong reaction comes after U.S. President Donald Trump proposed an additional 50% hike in tariffs on Chinese goods, demanding that Beijing roll back its retaliatory measures.

China hits back with strong words

Responding to the move, China’s Commerce Ministry issued a stern statement that echoed its defiance:

We will never yield to tariff blackmail. The United States is making a mistake on top of a mistake.

According to the ministry, the U.S. imposed duties based on “unfounded reasons”, and China’s response is aimed at protecting its sovereignty, security, and development interests. Officials emphasized that the measures taken by China are legitimate and necessary to maintain the normal international trade order.

If the US insists on its own way, China will fight to the end,” the ministry warned.

Trump doubles down on tariffs

The heated rhetoric followed a statement from President Trump, who gave Beijing just one day to withdraw its tariffs on American goods. He warned that if China failed to comply, the new 50% tariff would be implemented starting April 9.

Speaking on Monday, Trump defended his approach, saying:

It’s the only chance our country will have to reset the table.
He added that no previous president was willing to take such bold steps, and he had no hesitation in doing so, despite the risks.

Markets respond with volatility

Meanwhile, Indian markets opened sharply higher on April 8, with Nifty 50 and Sensex rising over 1%, driven by bullish sentiment. However, the global financial markets are already feeling the heat from the escalating US-China trade tensions.

As the world watches closely, the confrontation between the world’s two largest economies appears far from over. The battle of tariffs is quickly becoming a battle of wills, with both sides refusing to back down.

The phrase “China rejects US tariff blackmail” is now echoing across global headlines, and with China vowing to “fight to the end,” the situation could lead to further economic uncertainty in the days to come.

Sneha Gandhi

Sneha Gandhi is a passionate stock market learner and finance content writer who loves exploring market trends and sharing the latest updates with readers. She enjoys simplifying complex market news and making financial insights easy for everyone to understand.

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Sneha Gandhi

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