Trump's Latest Tariff Hike Brings Additional China Rate To 145% (www.ndtv.com)

submitted 1 week ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml

4 comments fedilink hide all child comments

US President Donald Trump's steep tariff hike targeting Chinese goods, which took effect Thursday, brings Washington's additional rate on many products to 145 percent, the White House confirms.

Trump's 90-day halt in fresh duties for dozens of countries has come into place, a White House order showed.

But he has also doubled down by raising new tariffs on Chinese imports to 125 percent, a figure that stacks atop a 20 percent additional duty from earlier in the year over China's alleged role in the fentanyl supply chain.

This takes the total tariffs Trump has imposed on Chinese products this year to 145 percent, stacking on existing levies from past administrations.

Archive link

top 4 comments

sorted by: hot top controversial new old

[-] simple@lemm.ee 28 points 1 week ago

Man is making trade deals similar to a Civilization NPC

[-] gressen@lemm.ee 7 points 1 week ago

But he has also doubled down by raising new tariffs on Chinese imports to 125 percent, a figure that stacks atop a 20 percent additional duty from earlier in the year over

So did they raise the tartifs to 125% or stacked the 125 on top of 20? The math seems off.