Trump Hikes Tariffs on Chinese Goods

1 min read235
Trump Hikes Tariffs on Chinese Goods
The United States has raised tariffs on Chinese imports to 145%, finance.mail.ru reported, citing a White House official speaking to CNBC. According to the source, President Donald Trump's latest order raised tariffs on China from 84% to 125%. Previously, a 20% tariff had also been introduced due to the fentanyl issue.

Trump made this announcement on April 9. At the same time, he declared a pause in trade conflicts with 75 countries that reached out to the White House for negotiations and took no retaliatory actions. The imposition of additional tariffs exceeding 10% will be delayed for 90 days.

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