Washington (TASSAWAR NEWS) Former U.S. President Donald Trump has once again issued a bold statement targeting China, warning of imposing a 200% tariff if Beijing fails to supply critical magnets to the United States.
Magnets are considered vital components in several industries, including defense, electric vehicles, and modern technology. Trump emphasized that America must not remain dependent on China for such crucial materials, adding that his administration (if elected again) would take strict measures to ensure U.S. security and economic independence.
“If China thinks it can withhold these magnets and hurt America’s future, they are wrong. We will respond with tariffs as high as 200%,” Trump reportedly declared during a campaign event.
This tough stance reflects Trump’s long-standing policy of economic nationalism and trade pressure on China, which was a major highlight of his presidency. Political analysts believe this statement may resonate strongly with American voters concerned about national security, manufacturing, and jobs.
However, critics argue that such tariffs could spark a new trade war, leading to price hikes and global supply chain disruptions. Still, Trump’s supporters claim that standing up to China is essential for safeguarding U.S. interests in a rapidly changing world.
As the 2024 U.S. elections approach, Trump’s fiery rhetoric against China is once again grabbing headlines, stirring both support and controversy at home and abroad.