Breaking News: U.S. President Donald Trump declared, “I know what the hell I’m doing,” as he reassured Republicans about his trade strategy against China and other nations….Read More 👇

‘I Know What The Hell I’m Doing’: Donald Trump Unleashes 104% Tariffs On Chinese Goods; China Says ‘Will Never Back Down’

In a bold and defiant speech at the National Republican Congressional Committee dinner in Washington on Tuesday, U.S. President Donald Trump declared, “I know what the hell I’m doing,” as he reassured Republicans about his trade strategy against China and other nations.

In a bold and defiant speech at the National Republican Congressional Committee dinner in Washington on Tuesday, U.S. President Donald Trump declared, “I know what the hell I’m doing,” as he reassured Republicans about his trade strategy against China and other nations.

Trump confirmed that his administration is preparing to roll out massive new tariffs, particularly targeting the pharmaceutical sector, in a bid to force companies to move their manufacturing out of China and back into the United States. “Very shortly,” he said, these fresh tariffs will be announced, adding that it would put “pressure on the pharma companies to leave China.”

The White House officially confirmed that a sweeping 84% additional tax on Chinese goods has been enforced. When added to the existing duties, that brings the total tariff on imports from China to 104%, according to White House Press Secretary Karoline Leavitt. The move marks one of the most aggressive actions yet in the escalating trade war between the U.S. and China.

These steep tariffs will also be extended to about 60 other countries, signaling a major shift in how the U.S. approaches global trade. Leavitt said that Trump has asked his trade team to negotiate special deals with any country willing to talk.

China, for its part, had already retaliated earlier by slapping a 34% tariff on American products, prompting Trump to hit back with an extra 50% on top of the previously planned increase.

The Chinese Commerce Ministry responded with defiance, stating it would “continue to fight back till the end.”

Trade Talks Begin with Japan and South Korea
Despite the aggressive tariff measures, Trump’s team has opened early trade talks with key U.S. allies, including Japan and South Korea. According to Kevin Hassett, head of the White House National Economic Council, the administration is working on separate deals tailored to each country.

Trump said he had a “good phone call” with South Korea’s acting president and confirmed that “they already have the basics of a deal in place.”