White House announces 104% tariffs on China starting April 9, escalating US-China trade war

From Google: 2025-04-08 14:09:00

The White House announced 104% tariffs on China starting April 9. This move is in response to China’s unfair trade practices. The tariffs are meant to protect American jobs and industries from Chinese competition. The US has been engaged in a trade war with China for some time now.

President Trump believes that these tariffs will force China to make fair trade deals with the US. The Chinese government has responded by saying they will retaliate with their own tariffs on American goods. The trade war between the two countries has escalated in recent months.

The tariffs are aimed at balancing the trade deficit between the US and China. The Trump administration believes that China has been taking advantage of the US for too long. They hope that these tariffs will level the playing field and protect American businesses from unfair competition.

The US and China have been locked in a trade war for over a year now. Both countries have imposed tariffs on billions of dollars worth of goods. The Trump administration is trying to renegotiate trade deals with China to address issues such as intellectual property theft and forced technology transfers.



Read more at Google: Trump Tariffs highlights: White House says 104% tariffs imposed on China, effective from April 9 – Times of India