financetom
Business
financetom
/
Business
/
Market Chatter: US Tariffs on China Now Total 145%, White House Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: US Tariffs on China Now Total 145%, White House Says
Apr 10, 2025 8:33 AM

11:12 AM EDT, 04/10/2025 (MT Newswires) -- The US tariff rate on goods coming from China now totals 145%, CNBC reported Thursday, citing confirmation from a White House official.

Trump's executive order on Wednesday raised the tariff rate on China to 125% from 84%, but that hike comes on top of a 20% fentanyl-related tariff that Trump previously levied on the nation, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Credit Agricole's Q1 earnings jump as investment banking beats rivals
Credit Agricole's Q1 earnings jump as investment banking beats rivals
May 2, 2024
PARIS (Reuters) - Credit Agricole SA, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals. Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48 billion-euro average of 19 analyst estimates compiled by the company. Sales...
Adidas plots to swerve Samba slump
Adidas plots to swerve Samba slump
May 2, 2024
LONDON (Reuters) - As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle sneakers, it's also taking steps to prevent the shoes from becoming victims of their own success.  The German sportswear giant ramped up production of the sneakers, known as terrace shoes and inspired by soccer fans' footwear in the 1970s...
SocGen's investment bank limits Q1 profit plunge
SocGen's investment bank limits Q1 profit plunge
May 2, 2024
PARIS (Reuters) - French bank Societe Generale reported a better-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income trading. France's third-biggest listed lender, whose CEO Slawomir Krupa is seeking to end several years of lackluster performance and trim costs, said group net income over...
DoJ seeks more details from US Steel, Nippon Steel on proposed merger
DoJ seeks more details from US Steel, Nippon Steel on proposed merger
May 2, 2024
(Reuters) - The U.S. Department of Justice is seeking more details and documentary materials as part of an antitrust review of Nippon Steel's proposed $15 billion takeover of U.S. Steel, the American firm said on Thursday. Commonly known as a second request, it signifies additional scrutiny from antitrust regulators who ask for additional information and documentary material as part of...
Copyright 2023-2025 - www.financetom.com All Rights Reserved