TRADE WAR HEATS UP: President Trump to Hike China Tariffs to 104% After Beijing Misses Deadline

According to a Fox Business report, the Trump Administration plans to increase China tariffs to 104% after China refused to lift its retaliatory tariffs against the U.S. White House Press Secretary Karoline Leavitt said Tuesday that China’s refusal to lift its retaliatory tariff triggered the president’s additional 50% tariff—on top of existing 20% and 34% tariffs—raising the total tariff on Chinese goods to 104%. She said the new tariffs took effect at noon Eastern Time on Tuesday, with collection starting Wednesday. Leavitt added that U.S. trading partners should be approaching the administration with proposals to improve trade terms. “The president’s


