Trump raised duties on China to 125%


The United States will immediately raise trade duties on China to 125%. This was announced on April 9 by the American leader Donald Trump on the Truth Social network.
"Due to China's disrespect for global markets, I am raising the tariffs levied by the United States of America on China to 125%, with immediate effect," Trump tweeted.
He also added that more than 75 countries have summoned US representatives for trade talks, so Trump is reducing the mutual tariff of 10% for this period.
On April 2, Trump announced large-scale trade measures: base tariffs of 10% are being introduced for all products supplied to the United States. For the EU, this figure has been raised to 20%, and for China — to 34%. Later, the United States raised duties against China to 104%.
Earlier in the day, the Chinese authorities decided to raise duties on imported goods from the United States to 84% as a mirror measure. It is specified that the additional tariff rate will apply to all imported goods.
Переведено сервисом «Яндекс Переводчик»