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President Donald Trump is set to impose tariffs totaling at least 104% on all Chinese imports

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President Donald Trump is set to impose tariffs totaling at least 104% on all Chinese imports starting Wednesday, according to White House Press Secretary Karoline Leavitt.


These new levies add to existing tariffs in place before Trump began his second term in office.
 
China is posing a serious economic challenge to United States. China have dorminated the American market and making United States dependent on China products. Trump is trying to make sure he drastically reduce Chinese products in United States.
 
This tarrif trade war is getting uglier each day. It's not only with China, he has imposed a huge tariff on many countries across the globe. And that has already started showing ripple in the market. With China, he has taken it to all new level, more of a declared trade war. These things will definitely backfire and impact US.
 
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