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US Imposes 104% Tariff on Chinese Goods

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China has blasted the US move, calling it "blackmail" and vowed to "fight it to the end". The US has imposed targeted tariffs of up to 50% on many trading partners, set to take effect on Wednesday.

    1. It was a mistake for China to retaliate. When America is punched, it punches back harder. That's why there will be 104% tariffs going into effect on China tonight at midnight but the president believes Xi and China want to make a deal; they just don't know how to get that started.
    2. China also wants to make a deal, badly, but they don't know how to get it started. We are waiting for their call. It will happen!
    1. He [Mr Trump] believes China has to make a deal with the United States.
    1. The president has been clear, again, that he's not doing exemptions or exceptions in the near term.
    1. The US threat to escalate tariffs on China is a mistake on top of a mistake and once again exposes the blackmailing nature of the US. China will never accept this.
    1. In terms of buying British, I think everyone will make their own decisions.
    1. Right now, we've received the instruction to prioritise our allies and our trading partners like Japan and Korea and others.
    1. Tariff wars have no winners, and protectionism has no way out. Chinese people don't make trouble, but are not afraid of it. Pressure, threats and blackmail are not the right way to deal with China.
    1. White House Press Secretary says 104% additional tariffs went into effect at noon eastern time because China has not removed it's retaliation. The 104% additional tariff will be collected starting tomorrow April 9th.