US to Impose 104% Tariff on Chinese Imports from April 9 After Beijing Misses Deadline, Says White House

Trump tariffs latest: Stocks plunge as President’s 104pc China levies kick in

Asian stock markets plunged further overnight as Donald Trump’s “liberation day” tariffs came into effect.

Stock markets in Asia fell again last night after the introduction of US import duties, including a new duty on products from China that brings the total for that country to 104 percent. The Japanese Nikkei index is down more than 4 percent at the start of the Dutch morning, the Hang Seng index (Hong Kong) is down 1.5 percent. Yesterday evening, the important American stock index S&P 500 closed with a loss of 1.6 percent. This completely wiped o…

Additional US protective tariffs on imported goods have come into effect for around 60 countries and the European Union. Tariffs on imports from China, together with those already in place, now amount to 104 percent.

The new special tariffs announced by US President Trump have been in force since midnight in Washington. The Federal Association of Wholesale and Foreign Trade expects a long-term shortage of goods in Germany due to the tariff conflict with the US.[more]]>

Trump’s tariff war could hit NZ like the GFC, economist warns

A former Reserve Bank economist says Kiwis should brace for a painful global shock if trade tensions between the US and China continue to escalate.

Donald Trump’s global tariffs take effect

United States trade representative claimed that India was among several countries that was planning to lower its tariffs.