Trump tariffs: White House says 104% China tariffs take effect at midnight

 

Trump tariffs: White House says 104% China tariffs take effect at midnight

Trump’s 104% China Tariff Drops at Midnight: What You Need to Know

As of 12:01 a.m. ET, April 9, the U.S. will slap a 104% tariff on Chinese imports. Yeah, you read that right—104%. This move marks the most aggressive trade action yet in President Trump’s ongoing economic standoff with China, and it’s sending ripples through global markets.






So, What’s Going On?

This all started when Trump returned to the White House and brought tariffs back into the spotlight. He began with a 20% tariff on Chinese goods, upped it to 54% with a scheduled hike, and now, in response to China refusing to drop their own retaliatory tariffs, he’s added another 50%. That’s how we land at this eye-popping 104%.



China Isn’t Backing Down

China’s not taking this lying down. Their Ministry of Commerce is hitting back with a 34% tariff on U.S. products, starting Thursday. Beijing’s message? They’ll “fight to the end.” Translation: this trade war is just heating up.

Markets Are Shaky—But Not Crashing (Yet)

Oddly, Wall Street rallied today. The S&P 500 jumped 3.3%, possibly on hopes that this could all still end in a deal. But economists are waving red flags. If this continues, we could be looking at real damage to global supply chains, price spikes, and a recession nobody wants.



Elon Musk vs. The White House

Yes, even Elon weighed in—calling Trump trade adviser Peter Navarro a “moron.” (Subtle.) Meanwhile, European and Asian leaders are urging both sides to step back and talk it out before the global economy takes a hit it can’t shake off.



Why It Matters

Whether you’re buying electronics, running a business, or just keeping an eye on inflation, this matters. These tariffs can—and likely will—trickle down to consumers. Prices go up, supply gets tight, and uncertainty spreads fast.

Final Take

This is more than a headline. It’s a real-time test of how far two global powers are willing to go to protect their interests—and what the rest of the world is going to pay for it.



Comments

Post a Comment

Popular posts from this blog

At Least 10 Dead After Car Plows Into New Orleans Crowd—Suspect Dead, FBI Investigating As Terrorism

Image
  At least 10 people were killed in New Orleans’ Bourbon Street early on Wednesday after a vehicle rammed into a crowd in the popular tourist district during New Year’s celebrations, in an incident that is now being investigated as a potential terrorist act. Referral link Key Facts In an  official statement , city authorities said 30 injured people have been transported to nearby hospitals and 10 people are dead. New Orleans Police Superintendent Anne Kirkpatrick said a man drove a pickup truck into the crowd and then opened fire at police. The suspected attacker is dead after engaging in with local law enforcement, the FBI said in an emailed statement, adding the agency is working with partners “to investigate this as an act of terrorism.” New Orleans Mayor LaToya Cantrell said in a  press conference  the city “was impacted by a terrorist attack,” adding that the matter was still under investigation. An improvised explosive device was found and investigators are tr...
Read more

How privacy laws are leading the legal battle against Musk and Trump ?

Image
 Is Elon Musk's DOGE task force being granted unrestricted access to U.S. government computers, risking system failures and data leaks, as experts warn? Elon Musk's access to highly classified government data, including sensitive information collected about and from the American public, has become a major battleground in the rapidly evolving legal struggle over President Donald Trump’s efforts to drastically reshape the federal bureaucracy. Several lawsuits accuse the administration of violating privacy laws and other legal protections by allegedly permitting affiliates of Musk’s Department of Government Efficiency (DOGE) to take control of highly restricted government IT systems. Judges have moved swiftly—sometimes scheduling hearings on short notice—to assess the extent of DOGE’s reach into the digital infrastructure that supports critical government functions. “We don’t have many facts beyond what’s been reported in the media,” Judge Colleen Kollar-Kotelly told administrat...
Read more

Senate approves RFK Jr. as Secretary of Health and Human Services.

Image
  Senate Confirms RFK Jr. as Health and Human Services Secretary The Senate voted 52-48 on Thursday to confirm Robert F. Kennedy Jr. as Secretary of Health and Human Services, delivering a win for President Donald Trump. Kennedy's nomination faced fierce scrutiny due to his controversial views on vaccines and public health policy. The vote largely followed party lines, though Republican Sen. Mitch McConnell of Kentucky joined Democrats in opposition. McConnell, who has now opposed three of Trump’s Cabinet nominees, cited his experience as a childhood polio survivor in explaining his vote. “This administration—led by the same president who delivered a medical miracle with Project Warp Speed—deserves a leader who fully acknowledges the efficacy of life-saving vaccines,” McConnell said. “Mr. Kennedy failed to prove he is the best person to lead America’s largest health agency.”   A Contentious Confirmation Process Kennedy’s nomination was one of several that tested Trump’s influe...
Read more