President Donald Trump’s 104 percent tariffs on China and higher reciprocal levies on dozens of other nations went into effect at 12:01 a.m.
The White House confirmed that the president would follow through on his threat to impose an additional 50 percent tariff on all Chinese goods entering the United States.
In February, Trump imposed a 10 percent tariff on Beijing over fentanyl. Weeks later, he doubled the import duty to 20 percent. During the long-awaited April 2 “Make America Wealthy Again” event, the president announced a 34 percent reciprocal tariff on all Chinese imports.
Altogether, the U.S. tariff rate on the Chinese regime stands at 104 percent….