President Trump
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Trump says no one is getting off the hook as China tariffs soar

President Trump isn’t backing down on trade. After some confusion about a temporary 90-day delay on certain tariffs, he took to Truth Social on Sunday to set the record straight—saying clearly that the pressure is still on, especially for China.

“NOBODY is getting ‘off the hook’ for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst!” he posted.

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The whole situation kicked off earlier this month when the administration announced sweeping new tariffs. Global markets didn’t take it well—there was immediate uncertainty and plenty of nervous investors. A small pause in the most severe tariffs gave markets a bit of relief, with most countries now facing a 10% tariff. But China took it up a notch, raising its tariffs to 125%. In response, the U.S. pushed its tariffs on Chinese goods even higher—up to a whopping 145%.

Even though Trump’s administration allowed a temporary exemption for Chinese electronics and semiconductors on Friday, he emphasized that this was not a full pass. “No Tariff ‘exception’” was made, he clarified, saying those products are still under a 20% tariff in a separate category.

Commerce Secretary Howard Lutnick also confirmed that more targeted tariffs are coming soon. Over the next two months, the administration plans to roll out new tariffs, specifically on semiconductors and pharmaceuticals—sectors that are not part of the current reciprocal structure.

Donald Trump executive orders
(Photo by Anna Moneymaker/Getty Images)

Trump hinted that more details would drop early this week, saying “very specific” announcements are coming Monday about which products are next in line.

And don’t expect the breaks to last. The White House is already preparing to bring back higher tariffs on consumer electronics as part of a national security strategy.

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Even with market pushback and complaints from Wall Street, the administration is standing firm. U.S. Trade Representative Jamieson Greer said there are currently “no plans” for a direct meeting between Trump and Chinese President Xi Jinping, but the U.S. is still open to negotiations.

Meanwhile, China isn’t sitting still. President Xi is kicking off a five-day trip through Southeast Asia this week, focusing on strengthening trade ties with countries like Vietnam and Malaysia.

Despite all the noise, the White House says the strategy is working. According to officials, several countries are now scrambling to strike trade deals with the U.S. before the 90-day tariff window closes.

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