Trump Vows to 'Punch Back Harder' After China’s Tariff Retaliation –White House Signals Tough Stance
Video Credit: Oneindia - Duration: 05:26s - Published
Trump Vows to 'Punch Back Harder' After China’s Tariff Retaliation –White House Signals Tough Stance
In a fiery response to China’s latest tariff hikes, former President Donald Trump’s trade team isn’t backing down.
White House spokeswoman Karoline Leavitt says Trump remains “optimistic” about reaching a deal with Beijing, but warns that retaliation won’t end well for China.
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US to raise tariff rate on EU goods to 30% from 1 August, EU open to talks but ready to respond
The European Commission responded to Trump's announcement in a written statement, saying it remains ready to reach an agreement, while also taking "necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures."
READ MORE : http://www.euronews.com/2025/07/12/trump-eu-goods-will-face-30-us-tariff-rate-starting-on-1-august
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President Trump has announced sweeping 30% tariffs on imports from the European Union and Mexico, igniting fresh trade tensions. Starting August 1, key sectors like auto parts, electronics, agriculture, and pharmaceuticals could see massive price hikes. The EU had hoped for a trade deal, but escalating tariffs now threaten negotiations. With over 60% of U.S. vegetables and 71% of drywall materials coming from Mexico, American households could see grocery and construction costs soar—up to $1,200 more annually. Retaliatory tariffs from affected countries may soon follow.
#TrumpTariffs #TradeWar #EUTariffs #MexicoTariffs #USPolitics #TariffShock #AmericaFirst #SupplyChain #ImportCosts #TrumpNews #GlobalTrade #ConsumerPrices #EconomyWatch #TariffImpact #AutoIndustry #GroceryPrices #ConstructionCosts #MexicoExports #EUTensions #USMexicoTrade #EUUSRelations #TariffBacklash #EconomicPolicy #USConsumers #ExportCrisis #GlobalMarkets #TrumpAgenda #PharmaTariffs #AgricultureCosts #TradeTensions #PriceHikes
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In a major international development, former U.S. President Donald Trump has announced a sweeping 30% tariff on all goods imported from South Africa, set to begin on August 1. In a letter, Trump claimed South Africa's trade policies are "far from reciprocal," prompting this drastic measure. The White House has indicated that these tariffs could be adjusted based on the future of US-Pretoria relations.
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