The 104% tariff on China took effect at 12 PM after China failed to lift its 34% retaliatory tariff by the deadline.
I am glad. China has been ripping us off for decades. And stealing all of our intellectual property. Enough.
Anyone crying for China is ought to move there. Cheer for America, do not aid the enemy.
If there are shortages in critical industries, Trump should invoke the Defense Production Act (DPA). The Cold War–era law gives the president significant emergency authority to control domestic industries.
The market lost the previous gains of earlier today. That is temporary.
Meanwhile in China……
You thought Bessent was messing around? https://t.co/NzZjbVxsgA
— The Reckoning 💥 (@sethjlevy) April 8, 2025
BREAKING: White House Press Secretary Karoline Leavitt confirmed that a 104% tariff on China took effect at 12 PM EST today after China failed to lift its 34% retaliatory tariff by the deadline. The tariff collection will begin tomorrow, April 9th, according to Fox Business. pic.twitter.com/v82194MMB0
— RedWave Press (@RedWave_Press) April 8, 2025
JUST IN: Press Secretary Karoline Leavitt confirms Trump is *not* considering a tariff delay, moments after he slapped a 104% tariff on China, effective today.
Leavitt says Trump is putting the "world on notice."
"He's not considering an extension or a delay. I spoke to him… pic.twitter.com/od9RfOcYy2
— Collin Rugg (@CollinRugg) April 8, 2025
The deadline for China to remove its 34% retaliatory tariff was today at 12 PM EST. After China failed to comply, the tariff was increased by an additional 50%, bringing the total to 104%, effective at 12:01 AM on April 9th.
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