Donald Trump ‘Pushed the Button’: 104% Tariffs on China Today

After intense negotiations and threats between the US and China, President Trump officially initiated a trade war against Beijing today. A staggering 104% tariff was imposed on various Chinese products, marking a new reality for one of the world’s largest economies. This package includes previous tariffs due to the fentanyl crisis, retaliatory tariffs, and an additional penalty announced by Trump after China declared it would tax American exports. White House Press Secretary Caroline Levy stated that Trump believes China should negotiate an agreement with the US regarding these new tariffs. If China approaches, she added, Trump will be incredibly generous but will prioritize what’s best for the American people. The announcement plunged stock markets into turmoil, causing significant losses on Wall Street. Meanwhile, nearly 70 countries have approached the White House seeking negotiations to mitigate the impact of Trump’s tariff policy.