This story was originally published by the WND News Center.
President Donald Trump has paused a new surge in higher tariffs for at least 75 nations who did not "retaliate" against his campaign to level the trading playing field for American companies and consumers, announcing a 90-day reprieve from those costs.
But for a combative China, which responded with 84% tariffs to Trump's campaign for fairness for Americans in international trading, he exploded the rate that Chinese companies will be charged for shipping goods into America to 125%.
Roughly, that would mean a Chinese car that costs $40,000 would be delivered to the United States for an estimated $90,000.
"Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable. Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non-Monetary Tariffs and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90-day PAUSE and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!" Trump said.
Making international trade fair again has been one of the main agenda points for a second Trump term in the White House.
Markets worldwide have been in turmoil for the past few days, following his announcement of reciprocal tariffs, essentially charging countries and companies that ship goods into the United States the same tariff as what those nations charge American companies for delivering goods to their consumers.
White House press secretary Karoline Leavitt and Treasury Secretary Scott Bessent spoke to reporters after the president's announcement, as Leavitt chided the media for "clearly missing the Art of the Deal." Watch:
