U.S. Hikes Tariffs on Chinese Imports to 104%

Starting April 9, the U.S. will impose a prohibitive 104% tariff on Chinese imports.

According to Fox Business and Bloomberg, the White House confirmed the move as a direct response to China’s refusal to withdraw its own retaliatory tariffs on American goods.

Earlier on April 2, President Donald Trump announced a sweeping set of reciprocal tariffs on imports from dozens of countries. While the base rate was set at 10%, Chinese imports were already facing a 34% tariff — on top of an existing 20% surcharge tied to fentanyl-related sanctions. China responded with matching 34% tariffs set to take effect April 10.

Beijing’s decision to proceed with its retaliatory tariffs triggered the U.S. to raise duties by an additional 50%, bringing the total tariff burden on Chinese goods to 104%.

A White House spokesperson confirmed the new tariffs will take effect at 12:01 a.m. ET on April 9. Similar measures will apply to other countries that maintain their retaliatory duties.

China responded sharply. The Ministry of Commerce stated that it will not accept additional tariffs and is ready to fight to the end if the U.S. continues to escalate the trade dispute. The trade conflict between the world’s two largest economies has now reached a new level of intensity.