Jerryxpt
@jerryxvb.bsky.social
Reposted by Jerryxpt
Just broke on CNBC: A White House official confirms to me the new tariff against China this term now totals **145%**, not 125% as the President said yesterday.
The EO spells out the “reciprocal” rate jumped from 84% to 125% overnight. Combined with the 20% fentanyl tariff, we’re at 145%.
The EO spells out the “reciprocal” rate jumped from 84% to 125% overnight. Combined with the 20% fentanyl tariff, we’re at 145%.
April 10, 2025 at 3:16 PM
Just broke on CNBC: A White House official confirms to me the new tariff against China this term now totals **145%**, not 125% as the President said yesterday.
The EO spells out the “reciprocal” rate jumped from 84% to 125% overnight. Combined with the 20% fentanyl tariff, we’re at 145%.
The EO spells out the “reciprocal” rate jumped from 84% to 125% overnight. Combined with the 20% fentanyl tariff, we’re at 145%.