President Trump increases tariffs on China to 145%
FXStreetApr 10, 2025 3:49 PM
The White House has confirmed to the media that the effective US tariff rate on Chinese imports now soars to 145%.
According to the latest executive order, tariffs on Beijing's goods have been ramped up from 84% to 125%—an increase that adds to an existing 20% fentanyl-related tariff already in place.
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