Trump Imposes 245% Tariffs as US–China Trade War Intensifies

WASHIGTON: In a dramatic escalation of the ongoing trade war, former U.S. President Donald Trump has signed an executive order imposing tariffs of up to 245% on Chinese imports. The move, announced by the White House, is a direct response to China’s retaliatory actions, with the administration stating that China “left us no choice” by opting for countermeasures instead of engaging in talks.

The new tariff package includes three key components: a 125% bilateral tariff on Chinese goods, a 20% levy aimed at combating the fentanyl crisis, and additional duties of 7.5% to 100% targeting specific Chinese products under Section 301. The order also eliminates existing exemptions on steel and aluminium tariffs, reinstating a 25% flat rate across the board.

The White House has framed the tariffs as part of a broader effort to address “unfair and non-reciprocal trade deals,” emphasizing that the tariffs are designed to protect U.S. industries, technology, and national security. Furthermore, the administration has signed a memorandum addressing issues such as digital service taxes, foreign-imposed penalties, and discriminatory policies against American companies.

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While 75 countries are reportedly seeking negotiations over the mounting tariff issue, the White House maintains that China remains unwilling to engage in talks.

Economists have expressed concern about the potential fallout from these aggressive measures, warning that they could lead to higher prices for consumers, exacerbate global trade tensions, and disrupt international supply chains.