Bad news for Xi Jinping as Trump has issued a stern warning to China on the possibility of imposing a steep tariff of up to 155 per cent starting November 1.
Published: October 21, 2025 6:23 AM IST
Tensions between the United States and China have escalated further after US President Donald Trump issued a fresh warning to China. He stated that if China does not reach a trade deal with Washington, his administration would impose a hefty 155% tariff on Chinese products. Starting November 1, US President Donald Trump has warned that China could face a steep tariff of up to 155 per cent if the two countries fail to reach a trade deal.
What did Trump say about China’s current tariff payments to the US?
The US President made the comments shortly after signing an agreement with Australian Prime Minister Anthony Albanese, signaling growing economic ties between Washington and Canberra in the context of the escalating confrontation with Beijing.
Why is the US President threatening to raise tariffs to 155%?
Speaking at the White House during a high-level meeting with Australian Prime Minister Anthony Albanese, Trump, despite the trade tensions between the two nations, stated that Beijing has been “very respectful” of Washington and that they are paying “tremendous amounts of money” on the backs of the 55 per cent tariffs levied on their goods to the US.”
Trump added, “I think China’s been very respectful of us. They are paying tremendous amounts of money to us in the form of tariffs. As you know, they are paying 55 per cent; that’s a lot of money.”
The US President also added that many countries had previously benefitted from the US, but emphasised these behaviours would no longer be tolerated. Furthermore, he stated, “A lot of countries took advantage of the US and they are not able to take advantage anymore. China’s paying 55 per cent and a potential 155 per cent come November 1st unless we make a deal.”
Trump added, “A lot of countries took advantage of the US and they are not able to take advantage anymore. China’s paying 55 per cent and a potential 155 per cent come November 1st unless we make a deal.”
Trump also noted he would be meeting with Xi Jinping, President of China, in South Korea, and seemed hopeful about their relationship and a potential trade deal that would work for both sides.
The US President stated, “I am meeting with President Xi. We have a very good relationship; we are going to be meeting in South Korea in a couple of weeks… I think we are going to work out something which is good for both the countries.”
As Trump looks toward a meeting in South Korea with Xi Jinping, he emphasized hopes for a fair and mutually beneficial agreement. “I think when we finish our meetings in South Korea, China and I will have a really fair and really great trade deal together. I want them to buy soybeans… It’s going to be fantastic for both countries, and it’s going to be fantastic for the entire world,” he stated.
STORY HIGHLIGHTS
- Trump issued a stern warning to China on the possibility of imposing a steep tariff of up to 155 per cent starting November 1 if a trade deal is not reached between the two countries.
- The US President also added that many countries had previously benefitted from the US, but emphasised these behaviours would no longer be tolerated.
- As Trump looks toward a meeting in South Korea with Xi Jinping, he emphasized hopes for a fair and mutually beneficial agreement.
- Trump also noted he would be meeting with Xi Jinping, President of China, in South Korea, and seemed hopeful about their relationship and a potential trade deal that would work for both sides.
Earlier, Trump, in a post on Truth Social, announced an additional 100 per cent tariff on Chinese goods “over and above any tariff that they are currently paying”, effective November 1. The US President noted that the decision was taken after what he described as China taking “an extraordinarily aggressive position on trade” by sending “an extremely hostile letter to the world”.
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