A new fact sheet from the White House shows that China now faces import tariffs of up to 245 per cent. The increase was made quietly, without a big announcement from Trump.
How Did It Reach 245 per cent?
The 245 per cent is not a flat rate for all Chinese goods. It’s a combined total of several older and new duties.
For example, Chinese syringes already had a 100 per cent duty from Biden’s time.
Trump has now added:
– 20 per cent fentanyl-related tariff
– 125 per cent reciprocal tariff
This brings the total to 245 per cent for some items.
Other Examples
– Woollen sweaters now face a 168.5 per cent duty.
– 16 per cent base tariff
– 7.5 per cent extra under Biden
– 20 per cent fentanyl tariff
– 125 per cent reciprocal tariff
These add up to 168.5 per cent.
No Tariffs on Tech
Smartphones and computers are not affected.
China Reacts
China’s reply was measured. A foreign ministry spokesperson said, You can ask the US side for the specific tax rate. He also said, China does not want a trade war, but is not afraid of one.
China’s Moves Against US
China has:
Stopped exporting rare earth materials
Paused orders for Boeing jets
Slowed imports of beef, poultry, and gas
The trade war between the US and China is heating up again.
