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US clarifies tariffs on China is 145%; EU pauses retaliation for 90 days
The New Indian Express Shivamogga
|April 11, 2025
White House says the 125% is over and above the 20% already imposed by Trump earlier
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THE US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's earlier climbdown from a wider tariff onslaught against the rest of the world.
The White House clarified that Trump's big hike in tariffs on China announced 24 hours earlier had actually taken his total levies this year on imports from the world's second biggest economy to a staggering total of 145 percent—not the previously reported 125 percent.
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The New Indian Express Shivamogga
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