Trump Raises Reciprocal Tariffs on China to 125%, Administration’s Trade Policy Faces Scrutiny at Greer Hearing

Trump Raises Reciprocal Tariffs on China to 125%, Administration’s Trade Policy Faces Scrutiny at Greer Hearing

President Donald Trump on Wednesday declared a 90-day pause on reciprocal tariffs for all countries except China, increasing China’s rate to 125%. Added to the 20% tariffs imposed last month to address fentanyl concerns, these new duties bring the overall punitive US tariff rate imposed on Chinese goods this year to 145%.

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