CBS News reports:
The U.S. will impose a 104% tariff on China beginning at 12:01 a.m. EST Wednesday, White House press secretary Karoline Leavitt said in a briefing Tuesday. “When America is punched, he punches back harder. That’s why there will be 104% tariffs going into effect on China tonight at midnight.”Mr. Trump on Monday threatened an additional 50% tariff on imports from China after the nation retaliated by imposing a 34% import fee on American products. China’s retaliatory move came after Mr. Trump said China would face a 34% tariff on all goods imported to the U.S., a rate tailored specifically to China.
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Leavitt: “When America is punched, he punches back harder. That’s why there will be 104% tariffs going into effect on China tonight at midnight. But the president believes that Xi and China want to make deal, they just don’t know how to get that started.” pic.twitter.com/gDwwCSaQll
— Aaron Rupar (@atrupar) April 8, 2025