The U.S. will impose a 104% tariff on China beginning at 12:01 a.m. EST Wednesday, White House press secretary Karoline Leavitt said in a briefing Tuesday. <br /><br />Starting tomorrow, the White House will begin collecting steep levies on imported goods from China, as President Trump follows through on a threat issued against Beijing on Truth Social Monday. <br /><br />Mr. Trump on Monday threatened to slap an additional 50% tariff on imports from China after the nation said it would impose a 34% import fee on American products. China's retaliatory move came after Mr. Trump said China would face a 34% tariff on all goods imported to the U.S., a rate tailored specifically to China. <br /><br />Mr. Trump also said in his Truth Social post that the U.S. would cease all negotiations with China, while proceeding with trade talks with other nations.<br /><br />China's commerce ministry on Tuesday asserted that Beijing would "fight to the end" and take countermeasures against the U.S. if Mr. Trump did not walk back his latest threat.
