US announces additional 50% tariffs on China taking total to 104%
The White House has announced that the US will impose an ‘additional 50 per cent tariffs’ on imports from China, taking the new US tariff on the nation to 104 per cent. The new structure, effective from today, followed President Donald Trump's recent ultimatum to Beijing to roll back its retaliatory 34-per cent duties on US goods. Beijing dared Washington to do so, and Trump approved within hours.
The White House has announced that the US will impose an ‘additional 50 per cent tariffs’ on imports from China, taking the new US tariff on the nation to 104 per cent.
The new structure, effective from today, followed President Donald Trump's recent ultimatum to Beijing to roll back its retaliatory 34-per cent duties on US goods.
Beijing dared Washington to do so, and Trump approved within hours.
