The White House said the higher tariff is as a result of Chinese retaliation.
Archived version: https://archive.is/20250416092702/https://www.newsweek.com/china-245-trump-tariff-2060295
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Your point is fairly good but you need to recheck your math. At 145% a $10 product will be $24.50. At 245% it’s gonna be $34.50. And that doesn’t even take into account additional federal, state, and local taxes.