President Trump modified an executive order on Tuesday to increase official China tariffs by 50%, which takes the total number of new import rates against the United States adversary to a huge 104%.
Additional tariffs are in response to China’s repair, 34% of the assets of the United States, which the communist regime announced days after Trump revealed that he would weaken 90 countries with reciprocal tariffs with the US.
“I am ordering the modification of the harmonized tariff schedule of the United States (HTSU) and taking other actions to increase the tasks imposed on the [People’s Republic of China] In response to this retaliation, “Trump wrote.
“In my opinion, this modification is necessary and appropriate to effectively address the threat to national security and the economy of the United States,” he added.
The president’s amended executive order also increases tariffs on the minimum shipments of China.
The duty on Minimus products, cheap goods valued by less than $ 800, will increase from 30% to 90% under Trump’s retaliation measures.
This is a development story. Consult again for more information.
