China now faces 245% tariffs on US imports after retaliation amid trade war | World News

The Donald Trump adminration has announced that China now faces 245 per cent tariffs on all United States imports after Beijing retaliated in the ongoing trade war that has bruised global markets and investor sentiments. In a fact sheet released late Tuesday evening, the White House said it has decided to impose 245 per cent tariffs on China, heightening the tensions between the two countries.
The White House statement said that on Liberation Day, US President Donald Trump imposed 10 per cent tariffs on all countries that impose a high tax on the United States. The tariffs were then paused as over 75 countries reached out to the US to negotiate new trade deals.
“The individualized higher tariffs are currently paused amid these discussions, except for China, which retaliated. China now faces up to a 245% tariff on imports to the United States as a result of its retaliatory actions,” the White House said in its statement.
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