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U.S. tariffs on China to increase to 104%, starting Wed.

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BBC |
US President Donald Trump hikes China tariffs to 125% on goods entering the United States.
Reuters |
The world’s two largest economies remain locked in a retaliatory standoff that torches $600 billion in bilateral trade and could yet spiral out of control.

Read more on News Digest

U.S. tariffs on China to increase to 104%, starting Wednesday
President Donald Trump's tariffs on 86 countries, including an overall 104% tariff on China, will go into effect Wednesday, according to the White House.
China now faces 125% US tariffs in trade war
In a dramatic change of policy, US President Donald Trump hikes China tariffs to 125% on goods entering the United States. Most other countries will now see a 90-day pause on higher import taxes. We hear from Everett Eissenstat,
China slaps 84% tariff on US goods starting Thursday. Here's what's imported from China
The tariff is higher than the 34% initially announced and comes as President Trump's tariffs on imports from China are expected to rise to 104%.
US-China trade clash risks all-out financial war
In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised those on China from 104% to 125%.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
China vows resolute measures as Trump's 104% tariffs kick in
China on Wednesday vowed to take resolute and effective measures to safeguard its rights and interests, after U.S. President Donald Trump's 104% duties on Chinese imports kicked in.
The United States and China are locked in a faceoff over tariffs. No one wants to blink first
The tariff fight between the world's two largest economies spiraled into greater peril Wednesday as President Donald Trump tried to narrow his global trade war into a direct — and risky — faceoff with Beijing.
Trump Tariffs Live: China tells US there are no winners in a trade war, Global stocks surge
Trump kept the pressure on China and immediately hiked the tariff on Chinese imports to 125% from the 104% level that kicked in on Wednesday. In a tit-for-tat tariff escalation, China slapped on an 84% duty on U.S. imports on Wednesday.
U.S. stock futures move lower as Wall Street focuses on China tariffs
The stock market appeared poised for a reversal of the previous day’s blistering stock market rally as attention shifted to a potential U.S.-China trade war.
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As President Trump threatens China with even more tariffs, Beijing says it will never bow to "unilateral bullying," and "will fight to the end."
Trump pauses steeper tariffs for most countries, while hiking levies on China. What we know
President Donald Trump has launched tariff wars with nearly all of America’s trading partners. And there’s no end in sight.
What does the US export to China? Here are the top 10 products affected by tariffs
As tariffs on products from China go into effect, these 10 products may be affected. See a list of what the U.S. and China import from each other.
11 Groceries Getting Slammed by China Tariffs This Week
"As new tariffs take effect, your support helps us stay true to our mission: bringing the bold, tingling flavor of Sichuan pepper to the world. Your order means the world to our small business," the company says.
In a Storm of Tariffs, Many Companies See China as the Safest Harbor
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.
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