Brief by Shorts91 Newsdesk / 06:44pm on 10 Apr 2025,Thursday International
US President Donald Trump has raised tariffs on Chinese imports to 145%, intensifying the ongoing US-China trade war. The move follows China’s retaliatory duties of 84% on US goods. The White House stated that the latest hike builds on a prior 20% tariff linked to China’s role in fentanyl trafficking. A day earlier, Trump imposed a 125% charge to reduce America’s trade deficit. Trump had also threatened an additional 50% if China didn’t withdraw its new tariffs by April 8. Current US duties now include 25% on Canadian and Mexican items outside USMCA and 10% on other imports globally. (PC: Reuters)
