The White House said China is now facing up to a 245 percent tariff on imports to the U.S. “as a result of its retaliatory actions,” another escalation in a trade war between the world’s two largest economies.
The top potential tariff is higher than the previously stated 145 percent and was referenced in a fact sheet published by the White House late on Tuesday.
It accompanied an executive order signed by President Donald Trump that launched an investigation into the “national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products.”
Newsweek has contacted the White House press office by email outside of normal business hours for comment.
The U.S.-China trade war is rattling global markets, which fear the economic fallout of the conflict and others that Trump has launched against America’s trading partners.
Cutting off Chinese imports complicates American supply chains, increasing costs and forcing businesses to source from elsewhere. Consumers also face higher prices. Trump’s strategy is to use tariffs to pull more manufacturing investment into the U.S.
BREAKING:
— VisegrΓ‘d 24 (@visegrad24) April 16, 2025
The White House announces that China is now facing a 245% tariff as a result of its retaliatory actions against the U.S.
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