Trump suspends tariffs for several countries, increases China’s rate to 125%

In a bold move, President Donald Trump has raised tariffs on Chinese goods from 104% to 125%, while temporarily suspending tariffs on numerous other countries.

Trump revealed his decision on Wednesday, stating that the tariff freeze would apply to all nations previously affected by the duties.

The announcement follows his shock move earlier this month, when he introduced a 10% baseline tariff on all countries, with rates reaching as high as 50% for the “worst offenders.”

The tariff on Chinese imports, which started at 10% in March, has escalated progressively through 20%, 54%, 104%, and now to 125%—all in retaliation against China’s countermeasures.

In response, Beijing has implemented an 84% tariff on US goods, set to take effect on April 10.

Additionally, China has issued travel warnings for its citizens planning to visit the United States.

Trump criticized China’s actions as a “lack of respect” and emphasized that the US could no longer tolerate such behavior.

“At some point, hopefully soon, China will realize that the days of exploiting the U.S.A. and other countries are over,” he said in a statement.

The White House also mentioned that more than 75 countries have reached out to negotiate a resolution to the ongoing tariff dispute.

Trump confirmed that the suspension for these countries, as well as China’s new tariff hike, would go into effect immediately.