From April 9, China will be hit with 34% tariffs,which the White House confirmed are on top of the 20% already imposed by the US around 13% of Chinese goods went to the US in 2024. The tariffs on China also includes Hong Kong, and the US is Hong Kong's second largest export market.
US Donald Trump confirmed the move in the White House last week at the Rose Garden on April 2.
Taiwan has been hit by the Trump administration with 32% tariffs India has been hit with 26% tariffs South Korea was hit with 25% tariffs Japan and Malaysia have been hit with 24%...
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