China faces up to 245% tariff on exports to US: White House
Chinese exports to the US now face up to 245 per cent tariffs due to China's retaliatory actions and suspension of key rare earth exports to the US, President Trump has said in an Executive Order. A universal 10 per cent tariff and reinstated 25 per cent steel and aluminium duties form part of Trump’s ‘America First’ agenda. A Section 232 probe into critical mineral imports is also underway.
Chinese exports to the US now face up to 245 per cent tariffs due to China's retaliatory actions and suspension of key rare earth exports to the US, President Trump has said in an Executive Order.
A universal 10 per cent tariff and reinstated 25 per cent steel and aluminium duties form part of Trump’s ‘America First’ agenda.
A Section 232 probe into critical mineral imports is also underway.
