Customs on China rise to at least 104% according to the white house

08. April 2025

WOM

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President Donald Trump plans to raise an impressive customs height of 104% on all Chinese imports on Wednesday. This was announced by the Press spokeswoman of the White House, Karoline Leavitt, on Tuesday. These new tariffs come in addition to the existing tariffs that were in force during Trump's second term.

increased tariffs as part of the retaliation package

Originally, an increase in tariffs was already intended by 34% for Wednesday, as part of Trump's package of "mutual" customs duties. But after Beijing did not transfer from his project to introduce 34% retaliation duties to US goods by Tuesday afternoon, the President added a further 50%, which led to an increase in tariffs by 84%.

China's reaction to the customs increases

The Chinese Ministry of Commerce expressed on Tuesday that "firmly against" the additional 50% tariffs on Chinese imports were "firmly against" and described this as "error about an error". The Ministry promised to tighten the retaliation measures against US exports.

market reactions on the customs increases

The US exchanges that on Tuesday morning had started to fall after Levitt's comments. The Nasdaq and the S&P 500 went into the negative area, while the Dow remained positive at 2:30 p.m.

Trump defends his position

"Countries like China who have decided to strike back and to double their poor treatment of American workers make a mistake," Leavitt told the reporters on Tuesday. "President Trump has an unshakable will and will not give in."

she added: "The Chinese want to deal with a deal, but don't know how to implement it." However, she did not want to provide any information about possible conditions that Trump could consider for reducing the tariffs.

historical tariffs and trade balance with China

Trump had introduced a general custom of 10% of all Chinese goods without exception in February. This measure was linked to China's alleged role in the support of illegal immigration and the introduction of fentanyl to the USA. Last month he doubled these tariffs.

Last year, China was the second largest source for imports to the USA with a total volume of $ 439 billion, while the USA exported $ 144 billion to China. The mutual tariffs threaten to strain domestic industries and could result in layoffs.

global effects of the customs increases

Numerous other countries and the European Union are also faced with a midnight period for new customs tariffs. These were determined by Trump last week and range from 11% to 50%.

The journalists informed

Leavitt that Trump, despite several conversations with world leaders who want to negotiate lower customs tariffs, is of little interest in delaying his plans. After a conversation with Trump on Tuesday, she said: "He expects these tariffs to come into force."

Markhtags for individual trade agreements

At the same time, she revealed that Trump has instructed his trading team to make “tailor -made” agreements with countries who want to negotiate. When asked whether the President has a time frame for this trade agreement, Leavitt again said that it would not be “off -the -shelf” offers.

This is a developing story that is still updated.

Reporting by CNNS Samantha Waldenberg.