145 % vs 125 % and counting.

1 February: Trump announces a 10% tariff rate on almost all Chinese goods entering the US

4 February: China responds with various tariffs of 10-15% on certain US products.

4 March: US doubles the tariff rate on Chinese goods to 20%.

2 April:Trump announces a further 34% tariff rate on Chinese imports as part of his sweeping global tariff scheme, which, taking into account the existing tariff rate, bringing the total to 54%. China responds with a 34% tariff on most US goods.

7 April:Trump threatens an extra 50% on China if it does not withdraw 34% counter-tariff – bringing the total to 84%.

9 April: China says it will impose 84% tariffs on US goods from 10 April, up from 34%. Trump’s “reciprocal” tariffs come into force, with China’s tariffs revised to 84% – bringing the total to 104%. 

Trump later says tariffs on China will go up to 125%, which brings the total including the levy from February up to 145%.

11 April: Beijing increases its tariffs on goods from the US up to 125%.

Updated Apr 11, 2025 7:03:51 pm

Apr 11, 2025 4:42:34 pm