Trump Tariffs LIVE: Trump Threatens 50% Extra Tariffs on China | Vantage with Palki Sharma | N18G
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LIVE: Trump Warns China of More Tariffs; Trade War to Escalate? | Vantage with Palki Sharma | N18G
A day after China imposed an additional 34% "retaliatory" tariffs on American imports, US President Donald Trump threatened Beijing of an additional 50% tariffs. The US is already levying 54% tariff on Chinese goods — 20% existing tariffs and 34% "retaliatory" tariffs imposed by Trump on what he called 'Liberation Day' on April 2. China hit back at these additional trade tariffs by increasing equivalent tariffs on Washington, which will come into effect on Thursday. But now, Trump is threatening Chinese President Xi Jinping with an additional 50% tariffs, on top of the existing 54%, if Beijing doesn't roll back its new tariffs by the end of day on Tuesday. However, Beijing too, is refusing to back down, and has vowed to "fight to the end".
But what will a trade war between the US and China mean for global trade? With both the countries depending on each other for multiple goods, how will it affect their economies? And what options does Beijing have to counter Trump's tariff threats? On Vantage tonight, Palki Sharma tells you more.
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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