Former U.S. President Donald Trump reaffirmed his support for aggressive trade measures during a cabinet meeting held on Wednesday. Speaking to senior officials, Trump praised his administration’s tariff strategy, calling it a “necessary action” to protect American industries and workers. The announcement included a significant increase in tariffs on Chinese imports, triggering global market reactions.
In his remarks, Trump emphasized that the U.S. economy remains strong. “We feel great about how the country performs,” he said, while pointing to what he called unfair practices by foreign trading partners. He stated that these steps are vital to ensure that the United States receives fair treatment in global trade.
145% Tariff Targets Chinese Goods
Trump revealed a new 125% tariff on a wide range of Chinese imports. Shortly after the announcement, White House officials clarified that this rate will be added to an existing 20% tariff, making the total duty on many Chinese goods 145%.
The updated tariff covers a variety of products, including electronics, steel, textiles, and vehicle parts. According to administration sources, the measure is designed to reduce the trade deficit and push China to negotiate on long-standing trade disputes.
“Only strong actions force other nations to respect U.S. interests,” Trump said.
“We are simply demanding fairness.”
The new rate is among the highest ever imposed on a major trading partner and reflects ongoing tensions between Washington and Beijing. Trade experts warn that such steep tariffs may lead to retaliatory actions by China, affecting American exporters and global supply chains.
Cabinet Supports Aggressive Trade Enforcement
During the cabinet meeting, key officials voiced agreement with Trump’s stance. They repeated their belief that tougher enforcement is needed to defend U.S. economic interests.
Acting Trade Representative Karen Miller said the move was part of a broader plan to “reshape the global trade environment.” She noted that the administration was prepared for pushback but insisted that “long-term gains outweigh short-term disruptions.”
Meanwhile, Treasury Secretary Alan Bronson highlighted that the U.S. economy still shows positive growth indicators, despite recent stock market volatility triggered by trade news. “Our fundamentals are strong,” he stated. “We expect businesses and consumers to adjust.”
Global Markets React With Volatility
The announcement had immediate effects on international financial markets. Stocks in Asia and Europe fell sharply on Thursday morning following the news. Wall Street saw moderate declines, particularly in the tech and manufacturing sectors that rely on international supply chains.
Economists have warned that the increasing use of tariffs may lead to higher consumer prices and delayed shipments of goods. However, Trump remained confident that the U.S. could weather the storm.
“We’ve been taken advantage of for years,” Trump told reporters.
“It’s time we stand our ground.”
Long-Term Trade Strategy or Economic Risk?
Trump’s latest move is part of a wider effort to position the United States as a dominant force in trade negotiations. Since his first presidency, he has championed tariffs as a tool to correct trade imbalances and bring manufacturing back to the U.S..
However, some analysts caution that continued tariff hikes may backfire, especially if foreign governments retaliate or consumers face rising costs. Global institutions, including the World Trade Organization, have urged restraint, calling for renewed dialogue instead of economic escalation.
According to the administration, further measures are under consideration. Trump hinted at possible tariffs on additional countries that he claims exploit American markets. This includes reviewing trade relationships with India, Vietnam, and Mexico.