The White House officially confirmed the intention of US President Donald Trump to introduce an additional 50% of China tariffs, which will potentially increase the level of customs duties from China to 104%.
This was announced today, April 8, during a press briefing in Washington, the press secretary of the White House Caroline Litt, reports Ukrinform.
It is noted that new tariffs will enter into force on April 9.
In early April, Trump introduced additional tariffs of 34% of Chinese goods, which led to the total number of duties for Chinese products up to 54%. In response, China also introduced 34% of the responsibilities for all goods in the United States and introduced the limitation of the export of some rare -earth elements.
Subsequently, Trump in his social network, the truth of the Soil, was outraged by China’s actions and emphasized that it was “despite its warning” that any country took revenge on the United States for the tariffs introduced ”,“ will immediately feel new, significantly higher tariffs, with the exception of those that were installed at the beginning. ”
Then Trump emphasized that if China does not cancel its 34% duties by April 8, “the United States will introduce additional tariffs against China in the amount of 50% from April 9.”
Source: Ukranform
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