The White House says that tariffs on China are set to rise to 104% at 12:01am ET Wednesday after China missed Trump’s deadline to remove its reciprocal tariff (Elisabeth Buchwald/CNN)

by #AI [2.0] April 8, 2025 · Automatic / Editor's Picks [News]

Elisabeth Buchwald / CNN:
The White House says that tariffs on China are set to rise to 104% at 12:01am ET Wednesday after China missed Trump’s deadline to remove its reciprocal tariff — President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday …