Politics

/

ArcaMax

Trump predicts China would 'eat' tariffs, lessening US impact

Hadriana Lowenkron, Bloomberg News on

Published in Political News

President Donald Trump said China deserved the steep tariffs he imposed on their exports and predicted Beijing could find a way to reduce their impact on American consumers.

“You don’t know whether or not China’s going to eat it. China probably will eat those tariffs,” Trump said Tuesday in an interview with ABC News. “China was making $1 trillion dollars a year. They were ripping us off like nobody has ever ripped us off. Almost every country in the world was ripping us off. They’re not doing that anymore.”

Trump said he did not believe hard times were ahead for U.S. consumers, while acknowledging that his 145% tariffs on many Chinese goods amounted to a near-embargo.

“That’s good,” Trump said. “They deserve it.”

The defiant remarks from Trump come just days after the Trump administration signaled it was looking to repair damaged trade relations with Beijing and convince Chinese officials to enter trade negotiations.

They also come as the tariffs’ early impacts on U.S. consumers begin to emerge. Chinese retail app Temu, popular for its bottom-barrel prices, already appears to be passing down most of Trump’s new import taxes to American shoppers.

And rival fast-fashion giant Shein Group Ltd. has raised the U.S. prices of some products ahead of imminent levies on small parcels, including an average rise of 51% for the top 100 products in its beauty and health category from last week, with several items more than doubling in price.

 

Last week, the Wall Street Journal reported that the U.S. would be willing to phase in lighter China tariffs over five years, with White House officials saying that relief was on the table. Trump told reporters then that China was “going to do fine” once talks settled and that he’d be willing to “substantially” pare back his levies.

Despite senior administration officials repeatedly predicting China would be forced to the negotiating table, talks have not commenced. Earlier Tuesday, Treasury Secretary Scott Bessent said China could lose 10 million jobs because of the tariffs — but declined to detail any specific negotiations underway between the two nations.

“I’m not going to get into the nitty-gritty again of who’s talking to whom, but as I said, I believe for the Chinese, these tariffs are unsustainable,” Bessent said.

Trump told ABC News Americans should not be surprised by his tariff regime, saying the levies were necessary to address trade deficits and revive domestic manufacturing.

“I said all of these things during my campaign,” Trump said. “I said, ‘You’re gonna have a transition period.’ We’ve been ripped off by every country all over the world.”

_____


©2025 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.

 

Comments

blog comments powered by Disqus

 

Related Channels

ACLU

ACLU

By The ACLU
Amy Goodman

Amy Goodman

By Amy Goodman
Armstrong Williams

Armstrong Williams

By Armstrong Williams
Austin Bay

Austin Bay

By Austin Bay
Ben Shapiro

Ben Shapiro

By Ben Shapiro
Betsy McCaughey

Betsy McCaughey

By Betsy McCaughey
Bill Press

Bill Press

By Bill Press
Bonnie Jean Feldkamp

Bonnie Jean Feldkamp

By Bonnie Jean Feldkamp
Cal Thomas

Cal Thomas

By Cal Thomas
Christine Flowers

Christine Flowers

By Christine Flowers
Clarence Page

Clarence Page

By Clarence Page
Danny Tyree

Danny Tyree

By Danny Tyree
David Harsanyi

David Harsanyi

By David Harsanyi
Debra Saunders

Debra Saunders

By Debra Saunders
Dennis Prager

Dennis Prager

By Dennis Prager
Dick Polman

Dick Polman

By Dick Polman
Erick Erickson

Erick Erickson

By Erick Erickson
Froma Harrop

Froma Harrop

By Froma Harrop
Jacob Sullum

Jacob Sullum

By Jacob Sullum
Jamie Stiehm

Jamie Stiehm

By Jamie Stiehm
Jeff Robbins

Jeff Robbins

By Jeff Robbins
Jessica Johnson

Jessica Johnson

By Jessica Johnson
Jim Hightower

Jim Hightower

By Jim Hightower
Joe Conason

Joe Conason

By Joe Conason
Joe Guzzardi

Joe Guzzardi

By Joe Guzzardi
John Micek

John Micek

By John Micek
John Stossel

John Stossel

By John Stossel
Josh Hammer

Josh Hammer

By Josh Hammer
Judge Andrew Napolitano

Judge Andrew Napolitano

By Judge Andrew P. Napolitano
Laura Hollis

Laura Hollis

By Laura Hollis
Marc Munroe Dion

Marc Munroe Dion

By Marc Munroe Dion
Michael Barone

Michael Barone

By Michael Barone
Michael Reagan

Michael Reagan

By Michael Reagan
Mona Charen

Mona Charen

By Mona Charen
Oliver North and David L. Goetsch

Oliver North and David L. Goetsch

By Oliver North and David L. Goetsch
R. Emmett Tyrrell

R. Emmett Tyrrell

By R. Emmett Tyrrell
Rachel Marsden

Rachel Marsden

By Rachel Marsden
Rich Lowry

Rich Lowry

By Rich Lowry
Robert B. Reich

Robert B. Reich

By Robert B. Reich
Ruben Navarrett Jr

Ruben Navarrett Jr

By Ruben Navarrett Jr.
Ruth Marcus

Ruth Marcus

By Ruth Marcus
S.E. Cupp

S.E. Cupp

By S.E. Cupp
Salena Zito

Salena Zito

By Salena Zito
Star Parker

Star Parker

By Star Parker
Stephen Moore

Stephen Moore

By Stephen Moore
Susan Estrich

Susan Estrich

By Susan Estrich
Ted Rall

Ted Rall

By Ted Rall
Terence P. Jeffrey

Terence P. Jeffrey

By Terence P. Jeffrey
Tim Graham

Tim Graham

By Tim Graham
Tom Purcell

Tom Purcell

By Tom Purcell
Veronique de Rugy

Veronique de Rugy

By Veronique de Rugy
Victor Joecks

Victor Joecks

By Victor Joecks
Wayne Allyn Root

Wayne Allyn Root

By Wayne Allyn Root

Comics

Joel Pett Joey Weatherford Bob Englehart Jack Ohman Al Goodwyn John Branch