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Trump’s Tariffs on China Spike to 245% Amid Retaliatory Trade War

Trump’s Tariffs on China Spike to 245% Amid Retaliatory Trade War
bigbreakingwire
1 min read
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Trump’s trade war escalation has pushed total tariffs on some Chinese goods to a staggering 245%! While the White House hasn’t officially announced fresh duties, a complex web of existing levies—ranging from prior China tariffs to steel, aluminum, auto, and retaliatory duties—has compounded over time. According to The New York Times, this has resulted in certain products like syringes and needles facing effective import taxes as high as 245%, showcasing the severe toll of ongoing tit-for-tat trade tensions.

Source: White House

Update

China has acknowledged that some of its goods exported to the U.S. are now facing tariffs as high as 245%. In response, Beijing said it won’t get involved in a “numbers game” with the U.S. and firmly repeated that it will fight back strongly if its national interests are harmed.

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bigbreakingwire
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