05.04.2025 21:30
U.S. President Donald Trump, in a statement regarding the tariff duel with China, said, "We were a stupid and desperate punching bag, but we are no longer." He also noted that the tax move is an economic revolution, stating, "We will win. Hang in there, it won't be easy, but the final result will be historic."
There is a tariff tension between the USA and China. Following the mutual tariffs announced by US President Donald Trump on April 2, China's retaliation has turned into a duel between the two countries.
TRUMP: WE WERE A STUPID AND HELPLESS PUNCHING BAG, BUT WE ARE NO LONGER
US President Donald Trump stated in a post on his social media platform Truth Social, "China took a much heavier blow than the US. They and many other countries have treated us in an unsustainable way. We were a stupid and helpless punching bag, but we are no longer."
"THIS IS AN ECONOMIC REVOLUTION AND WE WILL WIN"
In his post, Trump noted that more jobs and businesses have returned to the country than ever before, saying, "Right now, over $5 trillion has been invested and it is rapidly increasing. This is an economic revolution and we will win. It will not be easy, but the end result will be historic. We will make America great again."
CHINA'S RETALIATION TO TRUMP'S 34% TARIFF IMPLEMENTATION
China had announced that it would impose the same rate of tariffs on all US goods in retaliation to the 34% tariff implementation announced by Trump.