Economy

Trump's Tariff Surge: US Imposes 145% Duties on Chinese Goods Amid Trade Tensions

US Tariffs on Chinese Goods Skyrocket to 145%

In a bold move that escalates trade tensions, President Donald Trump has increased tariffs on Chinese goods to a staggering 145%, according to a White House official. This decision marks a significant shift in the US trade strategy, with a standard 10% duty now applied to global trading partners, excluding China.

China Criticizes US Tariff Strategy

Chinese authorities have voiced strong opposition, accusing the US government of using tariffs "as a weapon". This criticism comes in response to Trump's recent decision to hike levies on Chinese products to 125%, following an earlier increase to 104%.