Goods coming from China to the United States are now subject to at least a 145% tariff, the White House clarified today.
The 125% “reciprocal” tariff President Donald Trump announced on China yesterday comes on top of the 20% tariff that had already been in place. It hadn’t been clear yesterday if the tariffs were additive. The White House said Thursday they are.
Trump has tied that 20% tariff to illegal immigration and the flow of fentanyl into the US, which he’s accused China of playing a role in.
Additionally, Trump also hiked the tariffs on goods less than $800 coming from China to 120% as of May 2.