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US Tariffs on China Rise to at Least 145%

DeFi Daily News by DeFi Daily News
April 10, 2025
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US Tariffs on China Rise to at Least 145%
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President Donald Trump’s tariffs on Chinese imports are now at least 145% as he aims to drive down the trade deficit and punish for Beijing for retaliating US tariff measures. Trump said he raised the reciprocal tariff on China to 125%. But that number did not include a 20% levy put in place earlier this year because of China’s role in fentanyl trafficking. Bloomberg’s Kailey Leinz reports.
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Tags: ChinaChina EconomyChina TariffsDonald TrumpfentanylKailey LeinzPoliticsReciprocal TariffsReciprocal taxriseStock market newstariffstrade wartrump tariffsTrump tradeu.s.-china trade warwhite houseXi Jinping
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