President Donald Trump has officially just signed the executive order to increase Chinese tariffs to 104%
Trump said tonight that his plans for 104% tariffs on imported Chinese goods will remain until China makes a deal with the United States.
"Until they make a deal with us, that’s what it’s going to be," Trump said at the National Republican Congressional Committee dinner. "I think they’ll make a deal at some point, China will. They want to make a deal. They really do."
China said earlier today that it will “fight to the end” if Trump goes forward with his plans to impose an additional 50% tariff on Chinese goods that are set to take effect at midnight, bringing the tariff amount to 104%.
It's official now, China's 114% total tariffs go into effect tonight and global tariffs as well. May we all survive through this week. It's about to get real spicy with China retaliating soon 🫠