US Tariffs on China Now 145% After Latest Increase, White House Says
The U.S. tariff rate on Chinese imports is now effectively 145%, the White House has confirmed.
🛍 Also starting May 2, packages from China to the United States valued at $800 or less will face a 120% tariff rate, according to the order.
🐻 Meanwhile, the stock market and cryptocurrency are in no hurry to grow even after the CPI fell to 2.4%, as everyone understands that this data does not take into account the period of the duties and inflation will probably return in the future.
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