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Trump's worldwide tariffs come into effect today - with China facing 104% levy
Donald Trump's trade tariffs on what he calls "the worst offenders" come into effect at 5am UK time, with China facing by far the biggest levy.
The US will hit Chinese imports with 104% tariffs, marking a significant trade escalation between the world's two largest superpowers. At a briefing on Tuesday, White House press secretary Karoline Leavitt said Donald Trump "believes that China wants to make a deal with the US," before saying: "It was a mistake for China to retaliate.
"When America is punched, he punches back harder." After Mr Trump announced sweeping levies last week - hitting some imported goods from China with 34% tariffs - Beijing officials responded with like-for-like measures. The US president then piled on an extra 50% levy on China, taking the total to 104% unless it withdrew its retaliatory 34% tariff.
China's commerce ministry said in turn that it would "fight to the end.
Amir Nisi
Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.
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