China Vows Retaliation Against Trump Tariffs |Bloomberg: The China Show 4/03/2025
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Paul Allen and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:01:14 – Trump’s ‘Liberation Day’ hits markets
00:07:00 – BREAKING: Spot gold rises to record after Trump tariffs
00:15:24 – Capital.com’s Kyle Rodda on Trump tariffs
00:24:48 – Steel & aluminum imports get US tariff exemptions
00:27:04 – Hinrich Foundation’s Deborah Elms on global trade outlook
00:37:04 – South Korea braces for impact of US tariffs
00:46:06 – BREAKING: Yen extends gains and strengthens against the dollar
00:46:45 – Markets open in Japan & South Korea
00:47:06 – Trump orders reciprocal tariffs on all trading partners
00:49:50 – BREAKING: Treasury 5 year yield drops 10bps
00:51:29 – BREAKING: Japan’s Topix index falls as US tariffs spur selloff
00:55:32 – Mizuho Securities’ Sean Darby on impact of US trade policy
01:03:21 – Trump announces additional 34% China tariffs
01:09:00 – Bloomberg Economics on impact of Trump tariffs on US consumers
01:13:46 – BREAKING: RBA says US tariffs & any response may have a chilling effect
01:15:51 – Trump tariffs fuel haven bids
01:18:11 – China & Vietnam among countries to be hit with highest US tariffs
01:27:11 – Morningstar’s Kazunori Ito on impact of US tariffs on Asia’s tech sector
01:33:04 – Traders watch for China’s response to US tariff hike
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30 Comments
donald, her emotional, psychological, and intellectual pimp, vladimir, and a select few of her lickspittles are shorting their stock portfolios worldwide, to their benefit. U.S. and allied intelligence agencies will drop the dime on this scheme.
Letsss go.
Fine the hell out of American companies for “national security ” like they did to us
There are long and variable lags, but the U.S. will likely enter a recession sometime between September 2025 and June of 2026 due to this a55hat President.
China needs to bend the knee to America and kiss the ring
N ot
I n
M y
B ackyard
Nimbies do not want manufacturing in America. They will not be happy about the tariffs. 🇺🇲🇺🇲🇺🇲🇺🇲
All of this was done for Trump and his clown car crew's personal benefit. Trump will bankrupt us and take away health & social services. And, Trump was the most orange ever & his hair was white as a sheet.
US: I slap you but you can't fight back 😂😂😂😂. People in the US are so gullible and believe Trump that these tariffs are fair. US must be stopped. They unilaterally implement tariffs, sanctions, fund chaos, chemical weapons, wars, print money freely and weaponized everything from US dollar, SWIFT etc. Remember the US lied about Iraq having weapons of mass destruction and invaded them which caused millions of life lost or displaced? The world is so messy now is due to the US hegemony. The US must be charged with war crimes for all the wars they've created throughout history.
Actually, US decline is not as this fast. But the sanction force China to be self sufficient and thus US decline has speeded up. All the problems faced by US are self inflicted.
China is not retreating this round. All are going to showhand. Who win? Who lose? With for another 6 months to see the outcome.
During Donald Trump's first term, his trade wars with China resulted in a U.S. trade deficit of $679 billion. The middle class declined 11%. The U.S. bankruptcy rate increased 8%. Farm bankruptcies increased 20%. Homelessness increased by 6%, the inflation rate rose by 7.75% and the poverty rate rose to 11.4%. The wealth of the top 1% increased 32%.
I would simply stop all shipments to the US. Let each country consume what it produces.
Forgot to mention Irish and European peace coola boola.
The EU, China and India need to work together more. Increase trade.
Daigou “ but in reverse 😂 will happen. Basically if the US citizens wants to buy IPhone they will go to Mexico and buy and bring in to resell
US total imports annual =4.1 trillion .. at the 20% tariff that would be 800 million in tariff income .. 800 million dollars / 300 million people = $2.70 per person . we pay 20% more.
this is supposed to make America great again. ?? who's on acid?
these are import tariffs
So happy, about time US wake up ⬆️
Due to the hostile actions of the US towards Europe, all US troops in Europe will be arrested by EU countries.
Asia give you cheap but good quality product but US do not appreciate it.
All country's out side off the USA can trade either low tariffs or tariff's free to poor country's. This is how to retaliate to Trumps Tariffs. Except Russia.
The era of printing of USD is over. Americans have to work hard and stop quantitative easing. And the rest of the world cannot continue to have trade surpluses with the US by blocking American imports by imposing tariffs on them. Or you can expect reciprocal treatment. Remember, it's reciprocal. Best is everyone drop it to zero.
Walmart imports goods from China and will now have to collect the tarrif and will give it to the Govt.
China will say we have to raise the price by 10% to cover the tarrif tax Trump is charning us.
Walmart will say 'then we wont buy it from you we will buy it from your competitor instead" ,
China will take it on the chin and get 10% less
Walmart will spend the same amount but set aside 10% to pay the tarrif
Then they will be opportunistic and will raise the price 10% due to greed and will cause stock price and dividend to rise.
The Govt debt will be paid down and Walmart share holders will benefit tremendously and you will pay 10% more but not because China rasied their prices.
Drop your tariffs then and give up your developing country status
If I had money, I would go for fashion, private labels, etc. The fashion world is changing so fast, and knockoffs allow me to change my style frequently and keep up with the trends. kisluxs completely meets my needs. It makes me feel very satisfied and I love it.
Serves the Chinese right. They benefit so much from the US, but do nothing but undermine whatever the US builds
Its not just Tariffs. Want to sell your USA product to country X ? Get your Permits; Pay your Fees; do your 200 pages of Filings ( You'll need an In-Country Lawyer, we recommend the Son of the Official ); Then there's a 1 year Review, and 32% of Filings get Approved . . . 😺😺😺
and yet no tariffs for RUSSIA
Where do they get these dumb people at foreign affairs bs
This can not be happening!
No economist would ever see this plan of tariffs ever working!
MAGA should even see this by now!
I feel so sorry for Heard Island and McDonald Islands and other uninhabited islands with the tariff. I don't know how trade deficits occur between U.S. and these islands. Should the penguins and other mammals unite and retaliate with a … let's say 20%?