The United States has imposed 104 per cent tariffs on China, effective April 9, the White House has confirmed to a Fox Business reporter. The development follows a warning and a one-day deadline issued by President Donald Trump to China demanding the rollback of its 34 per cent duty on US imports.
A 20 per cent levy imposed in March and a 34 per cent increase
last week have brought total tariffs on Chinese imports to 104 per cent.
Earlier this week, Trump had stated that China would face an additional 50 per cent tariff on top of an already-announced 34 per cent levy unless it reversed its reciprocal tariffs on US imports within one day. The White House’s confirmation marks the implementation of these combined tariffs.