Has Trump levied “full additional attacks” against China?


Annabelle Liang

Business Reporter

Getty Images Chinese President Xi Jinping delivered a speech at an international business conference held in Beijing, China on March 28, 2025. Getty Images

China says it will “resolute countermeasures” against our tariffs

U.S. President Donald Trump has strong words about Beijing as he put tariffs on nearly every trading partner of the U.S. trading partner on Wednesday.

“I respect China’s Xi Jinping (Jining), respect for China, but they make the most of us,” Trump said in his speech about an hour ago on Wednesday.

Trump said he was talking about the charts of market countries and regions that pose trade barriers to U.S. goods, “If you look at that…China, first row, 67%. That’s the tariffs charged to the U.S., including currency manipulation and trade barriers.”

“We will charge (they) 34% off the discount price tariff,” he added. “In other words, they charge us, we charge them, we charge them, we charge them with less money.

But China’s Ministry of Commerce immediately called the move a “typical unilateral bullying” and promised to take “a firm countermeasure to safeguard its rights and interests.”

News Xinhua News Agency accused Trump of “turning trade into an overly simple tit game.”

Experts believe that Beijing has good reason to be frustrated.

First, the latest announcement is an increase in the existing 20% ​​tariff on Chinese goods.

Second, by imposing large tariffs on other Southeast Asian countries, including Cambodia, Vietnam and Laos, it put a “gun” on how China readjusted its supply chains to get Trump to the tariffs imposed on Beijing during Trump’s first term.

There are five Asian countries in 10 countries with high territorial rates.

Taxes added up

Since returning to the White House in January, Trump has imposed new tariffs on Chinese imports, raising the tax to 20%.

In less than a week, these tariffs will jump to 54% besides products such as automobiles, steel and aluminum, which will be subject to lower tariffs.

Beijing has also been at the receiving end of Trump’s trade Salworth.

Earlier Wednesday, the president signed an executive order to end the rules for low-value packages from China.

This allows Chinese e-commerce giants like Shein and Temu to ship packages with retail value of less than $800 (£617) to the United States without taxes and inspections.

According to customs data, nearly 1.4 billion goods entered the United States under the regulations in the last fiscal year.

The cancellation of the waiver may force some Chinese companies to transfer additional costs to their customers, making their goods less competitive in the United States.

Getty Images US President Donald Trump kept the charts at the trade announcement event “Make America Rich Again” held at Rose Garden in Washington, D.C. on April 2, 2025. China lists at the top of the chart, which will face a 34% mutual tariff.Getty Images

U.S. President Donald Trump announces tariffs on 180 countries

Deborah Elms of Hinrich Foundation Consultancy said that when it was done together, it was a worrying photo of Beijing.

“I don’t think the new tariffs are necessarily targeting China. But when the United States stacks tariffs between each other, especially on China, these numbers will quickly attract people.”

“China and the Chinese will have to retaliate. They will not be able to sit down and watch this,” she said.

Supply chain hits

Trump also imposed heavy tariffs on Vietnam, Laos and Cambodia, ranging from 46% to 49%.

Stephen Innes of investment firm SPI Asset Management said this represents a “full attack on Beijing’s extended supply chain.”

“Vietnam … and others around are collateral damage, which is the most radical readjustment in U.S. trade policy,” he added. “This is not a tit-tat, it is a strategic containment through tariff wars.”

Laos and Cambodia are one of the poorest countries in the region, largely dependent on China’s investment in supply chain infrastructure. High tariff rates are expected to suffer a heavy blow.

China is Vietnam’s largest trading partner. During Trump’s first term, it was one of the main beneficiaries of tensions in the United States-China.

In 2018, Trump reached China with tariffs, causing some companies to rethink where they manufacture their products. Some people choose to move manufacturing to Vietnam.

This has led to an increase in exports from Vietnam to the United States, where Chinese companies have moved production there to contribute to that number.

Getty Images employees work in a Chinese-funded textile and garment factory in Kamwangchi Province, Cambodia. A female worker wearing a blue uniform and yellow headdress is putting on the last touch on a dark blue striped shirt. She was surrounded by a busy factory environment, with workers sitting on a bench in a sewing machine. Getty Images

Some Chinese companies produce goods in factories in Southeast Asia

“Vietnam is clearly targeting Trump because it is a channel for China to avoid previous tariffs,” former U.S. trade negotiator Stephen Olson told the BBC.

Although the United States remains Vietnam’s largest export market, China is its largest supplier of goods, accounting for more than a third of imports, according to the latest official data.

Last year, Chinese companies also lag nearly behind Vietnam’s every three new investments.

Pushan Dutt, a professor at INSEAD Business School, said the new taxes in Southeast Asia will be “disagreeable” to China.

“China has problems with demand, and in the last Trump administration, their companies responded wisely to tariffs by re-chaining and transferring it to (Southeast Asian countries). The door has been slammed.”

But Trump’s taxes on the region will also affect U.S. companies that produce goods in Southeast Asia.

For example, American companies including technology giants Apple and Intel, as well as sportswear giant Nike, own large factories in Vietnam.

A recent survey conducted by the U.S. Chamber of Commerce in Vietnam found that if tariffs are imposed, most U.S. manufacturers there would like to lay off employees there.

The “hard choice” ahead

One question is what measures can China take to deal with the new tariffs, given that it will only take several days to take effect.

Mr Olson said he hopes Beijing will respond “strongly” to tariffs and other measures, which makes it more difficult for U.S. companies to do business in China.

Professor Duter said that as China’s economy is already facing challenges, Beijing faces “hard choices” in the coming days.

He added: “Exports to other regions threaten industrialization in these destinations – political leaders are unlikely to accept this. This means that China must eventually release domestic demand and Chinese families.”

Tariffs may also prompt China to try to establish alliances with other Asian countries on the receiving end of tariffs.

Wang Huiyao, a former member of the Communist Party of China who works with the Center for Globalization Think Tanks, called on Asian countries to “work together to survive this difficult time and fight protectionism.”

“In the end, the United States may lose all its influence and be isolated,” he added.

Some discussions are already underway. China, South Korea and Japan recently held their first economic negotiations in five years.

They agreed to speed up negotiations on free trade agreements – first proposed a decade ago.

New tariffs can add momentum to them.

However, while talking to Washington, Beijing may face some short-term pain.

“Eventually, the United States and China will go to the negotiating table and they will try to reach some kind of big bargaining on various issues,” Olson said.

He added: “It doesn’t have to happen anytime soon, I hope things get worse and then get better.”



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