Wed 09/April/2025 – 03:07 AM
US President Donald Trump announced that starting today, customs tariffs will be increased on China, saying: China is now paying customs duties of 104%.
Customs tariffs on China
Trump added, during his remarks on the sidelines of an event held in the Republican National Committee in Congress, that he expects that China will conclude an agreement with the United States at some point.
The US President revealed that the United States will soon announce the imposition of large customs duties on drug imports, saying that customs definitions will motivate pharmaceutical companies to transfer their operations to the United States, according to Reuters.
