TOI explainer: The math behind Donald Trump’s 104% tariffs on China

US President Donald Trump’s punishing tariffs on dozens of economies came in force Wednesday. US President Donald Trump‘s “reciprocal” tariffs on dozens of countries kicked in Wednesday, slapping Chinese goods with a steep 104% duty and intensifying his global trade war—even as his administration moves toward talks with several nations.The sweeping tariffs have disrupted a […]

US China Tariff: Trump will be incredibly gracious if China reaches out but…: White House on 104% tariff

Trump believes Xi Jinping wants to make a deal with the US but does not know how to get it started, White House said. The White House Tuesday confirmed that President Donald Trump will be incredibly gracious if China reaches out to him over tariffs as he believed that President Xi Jinping wants to make […]

Trump on 104% tariff on China: ‘I don’t want them spending money on their military’

Trump escalated his trade war against China with 104% tariff. As President Donald Trump threatened China with more tariffs on Mondayt, the White House confirmed that the new tariffs would take the total tariff of China to 104 per cent if China does not back down. Trump announced a 34 per cent tariff on China […]

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