NEW YORK: Total US duties in respect of Chinese goods currently amount to 145%, CNBC television said, citing a US official. According to ...
NEW YORK: Total US duties in respect of Chinese goods currently amount to 145%, CNBC television said, citing a US official.
According to him, 125% import duties in respect of Chinese products announced by US President Donald Trump on Wednesday do not account the 20% tariff set earlier by the US leader for allegedly insufficient efforts of Canadian, Mexican and Chinese governments in combating fentanyl spread. Thus the total duty on Chinese goods equals 145%.
The tariff war has recently started between the United States and China, with the increase in tariffs from both sides.
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