White House Announces Additional 104% tariffs on China
The White House has announced that an additional 104% tariff on China went into effect at noon on Tuesday, with collections of the tariff beginning April 9. US President Donald Trump threatened an additional tariff on China if Beijing didn’t remove its retaliatory duties on US exports. The latter brought its own 34% tariff increase on the United States in response to Trump’s tariff announcement last week. Since China has yet to lift its retaliatory tariffs, the White House has added an additional 104% tariff to Chinese imports. On Monday, Trump also said he’s currently “waiting” on a call from China to make a deal on trade and tariffs while touting that a delegation from South Korea was already headed to the U.S. to make a deal of its own. “China also wants to make a deal, badly, but they don’t know how to get it started,” Trump said in a post to Truth Social. “We are waiting for their call. It will happen!” JUST IN: White House say...