China’s Ministry of Finance today announced that it would raise its additional tariff on U.S. imports to 125% to match the U.S. reciprocal tariff rate. The move comes after President Donald Trump on Wednesday limited his tariffs on most nations for 90 days but further increased the tariff rate on Chinese imports to 125%.
The new Chinese duties go into effect on Saturday.
Trump posted Wednesday on Truth Social that because more than 75 countries had reached out to the U.S. government for trade talks and had not retaliated in meaningful ways, “I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”
Also on Wednesday, he raised the reciprocal tariff on Chinese products to 125% from 84%. The hike was the second increase since April 2, when he unveiled a reciprocal tariff of 34% on China alongside a raft of new duties on nearly every U.S. trading partner. The 125% duty comes on top of existing tariffs applied over China’s role in the fentanyl crisis, bringing the total tariff increase on China to 145% since Trump took office.
