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.
WASHINGTONโ 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 โa substantially lowered reciprocal tariffโ 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 โbased on the lack of respect that China has shown to the worldโs markets.โ
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 โgetting a little bit yippy, a little bit afraid.โ 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 Houseโon pharmaceuticals, lumber, copper, and semiconductorsโremain unchanged.
Fentanyl-related tariffs on Canada and Mexico also remain unchangedโthat is, goods that donโt fall under the U.S.โCanadaโMexico 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 Trumpโs new tariffs.
Treasury Secretary Scott Bessent said Beijingโs latest escalation is a โloserโ decision for the Chinese regime.
โThey 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,โ he said in an interview with the Fox Business Network.
He pointed out that Chinaโs exports to the United States are five times larger than U.S. exports to China.
Byย Emel Akan