US President Donald Trump has announced that the United States will impose a sweeping 104% tariff on all Chinese goods, effective at midnight on Tuesday, April 8. The White House confirmed the move, describing it as a response to what the U.S. has long criticized as China's unfair trade practices, including intellectual property theft and market manipulation.
“This is one of the most aggressive trade actions the United States has taken in years,” a White House official said, confirming the new tariff will be collected immediately.