China Demands the U.S. to 'Completely Abolish' Tariffs After Rising Trade Tensions

China did not budge after the 145% tariff move on goods from U.S. President Donald Trump. On Sunday, the Chinese Ministry of Commerce countered, stating that the U.S. must reconsider what it calls a "wrong approach" - urging Washington to "completely cancel" the tariffs clearly. The Chinese Ministry of Foreign Affairs warns: Americans will pay the price for Trump's trade moves. After a wild ride in the market last week, China is turning up the heat - putting pressure on the United States to permanently cancel the newly imposed tariffs. It all started on April 2, when Trump announced a reciprocal tariff of 10% targeting over 100 countries, with some countries facing even heavier tariffs. A week later, on April 9, Trump suspended the tariffs for 90 days - but did not include China in the agreement. By the end of the week, China's tariffs had soared to 145%. China wasted no time in responding. On Saturday, April 12, Beijing raised retaliatory tariffs on U.S. goods to 125%. Meanwhile, the Trump administration announced a pause on tariffs for consumer electronics this weekend. However, U.S. Secretary of Commerce Howard Lutnick warned that this relief may not last, stating that those goods could still be taxed next month. Beijing seems cautiously optimistic, calling the exemption for electronic devices "a small step (of) the United States to correct its wrongful unilateral 'tit-for-tat' tariffs," according to a state media report cited by CNN. The message comes from the Chinese Ministry of Commerce, and the report further states that the agency accuses the United States of "seriously undermining the international economic and trade order." The executive branch of the State Council of the People's Republic of China has urged the United States to "completely cancel" the tariffs, CNN reported. This report came shortly after comments on X from Chinese Foreign Ministry spokesperson Mao Ning, who warned that ordinary consumers would ultimately pay the price for these tough trade measures. Mao Ning stated: Foreign countries pay tariffs? No—the American businesses pay, then pass the costs onto you. Tariffs do not bring production back. They are just taxes levied on Americans. The Trump camp seems confident in its tariff strategy, with White House press secretary Karoline Leavitt emphasizing that more than 75 countries have reached out to the President "hoping to address trade issues." She added that "the phone is ringing off the hook." By Friday, Leavitt told reporters that "there are over 15 proposals on the table" and "good progress has been made." However, as of Sunday, no trade agreement has been reached with Chinese President Xi Jinping.