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White House: China Now Faces up to a 245% Tariff on Imports to the United States as a Result of Its Retaliatory Actions

Dimsum Daily04-16

The U.S. government has levied a 125% equivalent tariff on Chinese goods, further augmented by a previously imposed 20% tariff related to the fentanyl issue. This cumulative action has propelled the ...

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Comment22

  • Is Trump gone mad ‌[捂脸] ‌The American people literally brought this economic meltdown curse upon themselves by electing Trump in the first place ‌[弱] 
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  • 100% to 1,000% is just a number. The market is no longer pricing in anything above 100% because there is no demand above it
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  • Aivern
    ·04-16
    At this point it's effectively an embargo on each other, but with trump you know it's some juvenile nonsense like he needs to have the bigger number so here we are lol.
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  • chrisng
    ·04-16
    Any tariffs exceeding 60% have already done maximum damage to China's exports as next to no businesses coming out of china operate on this NPAT, real damage will happen once china pull tiktok out of US, rug pulling 40% of the country's population as well as billions worth of GDP and also up to 7mil businesses which depends on the app for operations. Imagine hundreds of thousands of business owners losing their businesses and having to file for unemployment benefits. Trump will illegally try to retain tiktok which will escalate to international conflict, on top of pissed off unemployed voters as well as constitution violation he is ignoring. Wats on all fronts
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  • 13.65
    ·04-16
    145% already means shutting doors, any increase is no meaning ! Whether another 100 or 200%, it just goes to show the stupidity and childishness of the administration! What a bunch of jokers ! 
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  • Sleepliao
    ·04-16
    If they are not independent of China resources then its not a good move. Cause the difference in cost is not due to the materials but the tariffs. Sure other countries can support but it wont be as cheap as previous dealings. With china recent reaction, boeing might not be the only company whose product will be rejected by them. 
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  • Eljay
    ·04-16
    Is Trump crazy
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  • LYC888
    ·04-16
    China won hands down. Poor Americans will be much poorer if they want any daily necessity. Merry Christmas !
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  • Shirley lo
    ·04-16
    Stop these childish act and stop trading between both countries. what is Trump trying to prove?
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  • manta76
    ·04-16
    Anything more than 100% is crazy .... 
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  • manta76
    ·04-16
    Haha wat a joke 
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  • Might as well jack it up to 1000%. Does not make any sense now. Both countries will feel the pinch but US of A will be affected much more severely. Americans must thank their egoistic mafia for their coming pain. As the saying goes... science have found cures for many ailments and conditions but not for stupidity.
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  • What a trade war [Facepalm]  [Facepalm]  [Facepalm]  [Cool]  [Cool]  [Cool]  
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  • china will not entertain any more on this nonsense mathematical game plan... such tariff already meaningless..
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  • Only fentanyl related items lah. 
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  • MingJin
    ·04-16
    When the parents fight
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  • beil
    ·04-16
    I think china wins this 
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  • King19
    ·04-16
    😂 
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  • neo26000
    ·04-16
    Awesome [Facepalm]  [Surprised]  [Smug]  
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  • Kcler
    ·04-16
    I thought 145% was the final call. Totally insane 😅🤣😂
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