#TrumpTariffs Trump wrote a post on his social network Truth Social. According to him, the tariff on American products purchased by China will be 10%, and Chinese products imported by the US will be taxed at 55%.
According to Bloomberg, the 55% mentioned by Trump is the sum of the universal tariff of 10% applied to all countries, including Brazil; 20% related to a kind of "punishment" for fentanyl trafficking (Trump accuses Beijing of not making an effort to curb the trafficking) and about 25% of tariffs imposed during Trump's first term on certain Chinese products, according to a White House official — although the exact total is not clear.