President Donald J. Trump once again proved why he wrote The Art of the Deal.
Earlier today, Beijing foolishly retaliated against U.S. tariffs by imposing an 84% tariff on all American imports, a desperate move following President Trump’s earlier hike to 104% on Chinese goods.
But China severely miscalculated. Within hours, Trump raised tariffs to 125%, sending a clear message: America will not be bullied.
As expected, China threw a fit. Not content with their punitive 84% tariff, they dragged the U.S. before the World Trade Organization—an intergovernmental organization (IGO) formed by treaties between countries and composed of member states—and slapped 11 American companies, including military suppliers like American Photonics and SYNEXXUS, onto their so-called “unreliable entities” list.
The hypocrisy is staggering. This is the same China that bullies smaller nations like Vietnam and the Philippines over contested territory in the South China Sea, blatantly ignoring a binding ruling from the United Nations, another intergovernmental organization.
But here’s where President Trump flipped the script.
Trump announced a 90-day pause and reduction in tariffs to just 10% for over 75 nations that refused to retaliate and instead opened channels to negotiate.
Trump wrote on Truth Social:
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.
At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.
Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.
Thank you for your attention to this matter!
Outside the White House, Treasury Secretary nominee Scott Bessent couldn’t hide his admiration.
“We saw the successful negotiating strategy that President Trump implemented a week ago today. It has brought more than 75 countries forward to negotiate,” Bessent told the reporters.
“It took great courage for him to stay the course until this moment. And what we have ended up with here, as I told everyone a week ago, in this very spot, do not retaliate and you will be rewarded. So every country in the world who wants to come and negotiate, we are willing to hear you. We’re going to go down to a 10% baseline tariff for them, and China will be raised to 125 due to their insistence on escalation.”
WATCH:
.@SecScottBessent: “The successful negotiating strategy that President Trump implemented a week ago today, it has brought more than 75 countries forward to negotiate…. Do not retaliate and you will be rewarded. Every country in the world who wants to come and negotiate, we are… pic.twitter.com/gzEW7DDGYC
— Rapid Response 47 (@RapidResponse47) April 9, 2025
The markets exploded on the news, with the Dow surging 2,963 points (7.87%), the S&P 500 rocketing 9.52% (third-largest one-day gain since World War II), and the Nasdaq soaring 12.16% (largest one-day rise since January 2001 and the second-best performance in its history).
This comes after Trump paused the tariffs and advised everyone to buy the dip, stating, “THIS IS A GREAT TIME TO BUY!!! DJT.”
Donald Trump a few minutes ago: “We’re having a good day in the stock market…the record day in the market should continue”
For reference, this was the largest point moves EVER to the upside in the DOW, Nasdaq, and S&P 500 $SPY.
Insane. pic.twitter.com/nuFAILw9vc
— unusual_whales (@unusual_whales) April 9, 2025
The post The Art of the Deal: Trump Pauses Tariffs on Countries That Didn’t Retaliate, Causing U.S. Stocks to Skyrocket — China Tariff Now at 125% appeared first on The Gateway Pundit.