USA-China Tax Dispute | Trump: We are no longer a foolish and helpless punching bag

The tension between the USA and China due to customs duties continues. Following the reciprocal customs duties announced by President Donald Trump on April 2, China’s retaliation turned into a duel between the two countries.
In a statement on his own social media platform Truth Social, USA President Donald Trump said, “China took a much heavier blow than the USA. They and many other countries treated us badly in an unsustainable way. We were a foolish and helpless punching bag, but not anymore.” Sharing that businesses and jobs are returning to the country as never before, Trump stated, “Currently, more than $5 trillion has been invested and rapidly increasing. This is an economic revolution, and we will win. It won’t be easy, but the ultimate result will be historic. We will make the USA great again.” China had announced that in response to the 34% customs duty imposed by Trump, the same rate would be applied to all US goods as retaliation.