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Donald Trump to slap 104% tariffs on Chinese imports, White House says

US President Donald Trump has said that China took advantage of America for decades. (IMAGE: REUTERS)
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US President Donald Trump will impose an additional 84% in tariffs on all imports from China on Wednesday, the White House Press Secretary Karoline Leavitt has said.

The additional levies will mean all goods from China will be subject to a tariff of at least 104%.

“Countries like China, who have chosen to retaliate and try to double down on their mistreatment of American workers, are making a mistake,” Leavitt told reporters.

“The Chinese want to make a deal, they just don’t know how to do it.”

Earlier on Tuesday, Beijing said it would “fight to the end” after Trump threatened to impose an additional 50% in tariffs on all Chinese imports.

The trade war between the world’s two largest economies has intensified, with both sides showing little inclination to negotiate.

China vowed to ‘fight to the end’ while stepping in to stabilise its stock markets following a sharp plunge.

More update on this story as soon as more information becomes available.

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SOURCE: EURONEWS

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