BREAKING: White House says the 104% additional tariffs went into effect because China has not removed its retaliation.
The 104% tariff will be collected starting tomorrow, April 9th.
Source: Fox Business Reporter Jacqui Heinrich
The 104% tariff will be collected starting tomorrow, April 9th.
Source: Fox Business Reporter Jacqui Heinrich
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Clash Report
BREAKING: White House says the 104% additional tariffs went into effect because China has not removed its retaliation. The 104% tariff will be collected starting tomorrow, April 9th. Source: Fox Business Reporter Jacqui Heinrich
But, what does this mean?
The U.S. just put huge new tariffs (extra taxes) on Chinese goods—104% more. That means if something from China used to cost $100, importers now have to pay $204 to bring it into the U.S.
American companies that buy goods from China will pay more. That could lead to higher prices for things like electronics, tools, and household goods.
Because of the high cost, many companies may buy less from China or look for other countries to buy from.
China is angry about the tariffs and could respond with their own new taxes on U.S. goods.
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The Trump administration plans to begin fining illegal immigrants subject to a deportation order $998 a day if they do not leave the US.
Source: Fox News
Source: Fox News
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U.S. Defense Secretary Hegseth:
Several American naval vessels will arrive in Panama to enhance our security.
Chinese companies have a critical foothold in Panama, increasing the risk of espionage.
Several American naval vessels will arrive in Panama to enhance our security.
Chinese companies have a critical foothold in Panama, increasing the risk of espionage.
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U.S. Defense Secretary Hegseth:
U.S. will take back canal from Chinese influence.
China did not build, and will not weaponize the Panama Canal.
U.S. will take back canal from Chinese influence.
China did not build, and will not weaponize the Panama Canal.
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White House:
Nearly 70 countries have reached out to begin negotiations over US tariffs.
Nearly 70 countries have reached out to begin negotiations over US tariffs.
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Here we go again: S&P 500 turns negative, erasing a gain of as much as 4.1%.
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Clash Report
White House: Nearly 70 countries have reached out to begin negotiations over US tariffs.
White House:
Deals will be made if they benefit American workers and address trade deficits.
Deals will be made if they benefit American workers and address trade deficits.
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White House:
Israel’s Netanyahu pledged to eliminate U.S. trade deficit.
Israel’s Netanyahu pledged to eliminate U.S. trade deficit.
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Markets dropping in real time as the White House Press Secretary discusses tariffs.
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White House:
Israel's proactive approach should serve as a model for the rest of the world.
Israel's proactive approach should serve as a model for the rest of the world.
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White House on tariffs:
All options are on the table for each country.
All options are on the table for each country.
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White House:
Trump has directed his team to have tailor-made trade deals with every country.
Trump has directed his team to have tailor-made trade deals with every country.
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White House:
Trump believes that the US has the capability to make iPhones.
Trump believes that the US has the capability to make iPhones.
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57% of Americans oppose Trump's new tariffs.
Source: Reuters/Ipsos poll
Source: Reuters/Ipsos poll
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73% of Americans expect a price surge for every day items after Trump's tariffs go into effect.
4% believe that the prices will fall.
Source: Reuters/Ipsos poll
4% believe that the prices will fall.
Source: Reuters/Ipsos poll
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White House Press Secretary on Elon Musk calling Trump's trade advisor "dumber than a sack of bricks":
"Boys will be boys"
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White House has confirmed that the additional tariffs on China will go into effect on April 9.
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White House:
The negotiations between the US and Iran are going to be direct.
The negotiations between the US and Iran are going to be direct.
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