US Imposes Additional 10% Tariff on All Chinese Goods (Update)
Enforced at Midnight on the 4th Without Coordination Between the Two Countries
U.S. President Donald Trump's administrative order for an additional 10% tariff on China took effect at midnight on the 4th without coordination between the two countries.
Although President Trump stated on the afternoon of the 3rd that he would hold talks with China within 24 hours following discussions with Mexico and Canada, raising speculation that the tariffs on China might be postponed, no concrete discussions on tariff suspension took place as time passed.
There has been no confirmation of a phone call between President Trump and Chinese President Xi Jinping. According to Reuters, the White House said that President Trump would not speak with President Xi this week.
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The tariffs apply to all products manufactured in China. In particular, all types of goods including clothing, accessories, household items, electronics, and small durable goods are expected to be newly included. This is because President Trump signed the administrative order abolishing the 'de minimis' exemption, which previously exempted tariffs on small-value goods under $800.
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