He is such a dumb idiot. Just imagine the number of US businesses going bankrupt...
Trump knows shit about Asia.
He should have known that in Asia, the 3 biggest and most powerful countries (China, Japan, and South Korea) hated each other's guts for over 100 years!!
Now they are talking together!! To better face the US and that idiot Trump is helping them a lot...
The US is in deep debt, on a country level and a personal level. In the past 50 years, while the US was digging its debt while allowing 10% of its population to grab everything, Asia invested globally in their infrastructure and their population. The imperialism of America is over. Asia, led by China, is next to dominate the world order.
Agree that he is the worst president in the History of the USA. These so called new 245% are just another beyond ridiculousness means to confuse the world.
They are backtracking to say that it is not new tariffs but the total tariffs from the existing 100% and the additional 145% that he further implemented.
The most incompetent POTUS and His Staff of all time!!
White House's 245% tariff figure for some Chinese products causes confusion
Amid a tense
trade war with China, a White House statement that some Chinese goods face 245% tariffs generated confusion in Beijing.
Was it another escalation? No. Trump's new tariffs on China still stand at 145%.
But the White House quickly tried to clear things up, saying the 245% figure that they put into the
April 15 document - outlining the context for a new executive order from President
Donald Trump - represents all previous and new tariffs on some Chinese goods dating to the Biden and first Trump administrations.
Asked for comment on the data from the White House, a Chinese official responded on April 16 that it was up to U.S. officials to provide answers on how they got to 245%.
"You can take this number to the U.S. side for an answer," Foreign Ministry spokesman Lin Jian said during a news conference,
according to Chinese state media.
The U.S. already imposed large tariffs on some Chinese products of up to 100% before Trump started announcing new tariffs this year. Add the existing levies to the 145% in new tariffs Trump put on Chinese goods and some are facing 245% tariffs, the White House says.
Electric vehicles and syringes are two products that already
faced 100% tariffs from the Biden administration - before Trump started putting new tariffs on Chinese goods this year - and which now are on the receiving end of the 245% tariffs, the Trump White House said. The U.S. had already levied tariffs between 7.5% and 100% on some Chinese goods before Trump took office this year.
Trump imposed a series of new tariffs on Chinese goods this year that now stand at 125%, and a 20% tariff aimed at pushing the country to crackdown on fentanyl.
Trump said on April 15 that it's up to China to strike a deal to end the trade war.
“The ball is in China's court. China needs to make a deal with us. We don't have to make a deal with them," Trump said in comments relayed by White House Press Secretary Karoline Leavitt.
The Chinese Embassy in the United States did not immediately respond to a request for comment.
The U.S. already imposed tariffs on some Chinese products of up to 100%. Add that to the 145% in new tariffs and some products face 245% tariffs.
www.usatoday.com