Business news from Ukraine

Business news from Ukraine

Total U.S. duties on Chinese goods have reached 145%

10 April , 2025  

US duties on goods from China have now reached 145%, CNBC reported on Thursday, citing an unnamed White House official.

The US presidential administration explained that the day before, the American leader had raised “retaliatory” duties on Beijing from 84% to 125%, but at the same time, he had introduced a 20% fee even earlier in response to the fact that Beijing, in Washington’s view, was not doing enough to stop the supply of fentanyl to the United States.

So far, US media have reported that US duties on Chinese products have reached 125% in total.

Last Wednesday, U.S. President Donald Trump said that Beijing wants to conclude a trade agreement with Washington, but does not know how to do it. When asked to comment on this statement by the American leader, Chinese Foreign Ministry spokesperson Lin Jian said that the United States has so far only imposed duties on Chinese products, and Beijing does not accept such behavior in any way. He noted that in order to start a dialogue, the United States needs to demonstrate respect and equal treatment of the other side.