Tariffs on China Reach 145 Percent After Latest Increase, White House Clarifies

5Mind. The Meme Platform

A White House official confirmed that the new tariff rate on Chinese products now totaled 145 percent, not 125 percent as the president suggested earlier.

WASHINGTON— The White House confirmed on Thursday that U.S. tariffs on Chinese goods have risen to 145 percent, factoring in the earlier 20 percent tariffs imposed in connection with fentanyl trafficking.

A White House official confirmed to The Epoch Times that the new tariff rate on Chinese products now totals 145 percent, not 125 percent as the president suggested on April 9. The executive order signed by Trump stated that the reciprocal tariff rate increased overnight from 84 percent to 125 percent, which excludes the 20 percent fentanyl tariff.

Trump has announced a 90-day pause on certain tariffs for countries that have signaled their willingness to negotiate, while leaving in place “a substantially lowered reciprocal tariff” of 10 percent.

Trump noted that this pause would not apply to tariffs on imports from China, which the president said will immediately increase to 125 percent “based on the lack of respect that China has shown to the world’s markets.”

Trump announced the changes to his tariff plan on April 9 via his Truth Social platform.

He explained his decision to pause global reciprocal tariffs on April 9, saying that people were “getting a little bit yippy, a little bit afraid.” He also cited the need to be flexible when working with countries to make deals and to respond to markets.

Current tariffs on steel, aluminum, and autos remain unchanged. Sectoral carve-outs previously issued by the White House—on pharmaceuticals, lumber, copper, and semiconductors—remain unchanged.

Fentanyl-related tariffs on Canada and Mexico also remain unchanged—that is, goods that don’t fall under the U.S.–Canada–Mexico free trade agreement are tariffed at 25 percent, except for energy and potash, which are subject to a 10 percent tariff.

Beijing announced on April 9 that it will impose tit-for-tat 84 percent retaliatory tariffs on U.S. goods entering the country in response to Trump’s new tariffs.

Treasury Secretary Scott Bessent said Beijing’s latest escalation is a “loser” decision for the Chinese regime.

“They have the most imbalanced economy in the history of the modern world, and I can tell you that this escalation is a loser for them,” he said in an interview with the Fox Business Network.

He pointed out that China’s exports to the United States are five times larger than U.S. exports to China.

By Emel Akan

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

New Book Warns Failure of Congress to Defend Separation of Powers Fuels Rise of Authoritarianism

The Book Congress: An Irrelevant Institution or Guardian of the Republic argues that Congress's decline threatens the Constitution’s separation of powers.

What Happens to State Sovereignty When Federal Money Stops?

What happens to state sovereignty when the federal government can no longer afford to subsidize 36% of state budgets, on average?

Japanese Nationalists vs. the Replacement Migration Machine

Japan has begun to falter in its resolute refusal to embrace the mass migration regime that international governments and NGOs had demanded it do.

CIA is On Tucker Carlson for Talking to Iran

“They read my text messages” and the Central Intelligence Agency is trying to “frame me as a foreign agent,” alleged Tucker Carlson.

The EU Poses A Much More Credible Threat To Russia Than The Inverse

Unlike back in June 1941, Russia is now a nuclear superpower, and that might be the only factor that deters the EU from invading Russia.

Virginia Democrats Pass Sweeping Agenda in First Trifecta Session but Adjourn Without a Budget

Virginia Democrats ended their first trifecta session, passing bills raising the minimum wage, banning assault firearms, limiting ICE cooperation, and expanding paid leave.

Judge Blocks RFK Jr.’s Appointees to Vaccine Panel

A federal judge in Massachusetts ruled that Health Sec. Robert F. Kennedy Jr. illegally appointed 13 new members to an influential vaccine panel.

US Coast Guard Intercepts Semi-Submersible in Pacific Carrying 17,600 Pounds of Cocaine

17,600 pounds of cocaine were seized from a smuggling vessel—enough to produce more than 6 million potentially lethal doses, officials said.

MAHA Movement Emphasizes Shift Away From Glyphosate to Regenerative Farming, Eating Real Food

Weeks after Trump’s glyphosate executive order, many MAHA proponents believe that awareness about chemicals and regenerative farming is on the rise.

Trump Puts China Visit on Hold Amid Iran War

As the Iran war continues, President Donald Trump said he would delay his long-awaited trip to Beijing, originally set for the end of this month.

White House Outlines Vision for Underground Visitor Screening Facility

The 33,000-square-foot facility proposed beneath Sherman Park would process visitors entering the White House and could open by mid-2028 if approved.

Trump Signs Order Assigning Vance to Head Anti-Fraud Task Force

President Donald Trump signed an executive order on March 16, officially creating an anti-fraud task force headed by Vice President JD Vance.

US Opens New Trade Probes Targeting 60 Countries Over Alleged Forced Labor Practices

The U.S. has launched trade probes into 60 economies to investigate whether their trade practices allow imports produced with forced labor.
spot_img

Related Articles

Popular Categories

MAGA Business Central