Trump’s 104% China Tariff Kicks in as Deadline Nears
Tariffs on U.S. imports from dozens of countries will rise starting April 9 at 12:01 AM EDT (4:01 AM GMT), with Chinese products facing a cumulative tariff of 104% under US President Trump’s new measures. The increase follows China’s retaliatory tariffs, matching Trump’s initial 34% hike. In response, Trump vowed an additional 50% duty. Including earlier levies from February and March, the total tariff hike on Chinese goods during Trump’s second term reaches 104%.
These moves come despite sharp declines in major U.S. indexes and warnings from economists, who caution that the tariffs could drive inflation and disrupt global supply chains. Trump remains defiant, claiming the policy will restore America’s manufacturing base by encouraging companies to return. However, many experts question the feasibility and timeline of such a shift. Beijing has condemned the escalating trade conflict, accusing the U.S. of blackmail and vowing to “fight it to the end.”
Source: Trading Economics
