Trump tariff hike pushes China goods rate to 145pc

US President Donald Trump’s steep tariff hike targeting Chinese goods, which took effect on Thursday, brings Washington’s additional rate on many products to 145 per cent, the White House has confirmed. Trump’s 90-day halt in fresh duties for dozens of countries has come into place, a White House order showed.But he has also doubled down by raising new tariffs on Chinese imports to 125pc, a figure that stacks atop a 20pc additional duty from earlier in the year over China’s alleged role in the fentanyl supply chain. This takes the total tariffs Trump has imposed on Chinese products this year to 145pc, stacking on existing levies from past administrations. But the latest 125pc figure on China, aimed at addressing practices Washington has deemed unfair, contains notable exclusions. It excludes products like steel and aluminum imports, as well as autos, which Trump slapped separate 25pc tariffs on under separate regimes.