“Yesterday, China issued Retaliatory Tariffs of 34 percent, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the US by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with new and substantially higher Tariffs, over and above those initially set.”

“Therefore, if China does not withdraw its 34 percent increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50 percent, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries, which have also requested meetings, will begin taking place immediately. Thank you for your attention to this matter!” posted convicted felon President Trump on Monday. It’s a wonder how this poker master bankrupted a casino.

For those keeping score at home, the 20 percent starting rate plus 34 percent added last week plus another 50 percent to get the ChiComs to back down – which they proooooobably won’t – would put the price of the base model of the iPhone 16 Pro, currently $999 off the shelf, at $2,037.96, plus sales tax depending on your state. Then that’ll drive up demand and cost for older models too.