Summary
- The Chinese government has reportedly excluded some U.S. products from the 125% retaliatory tariffs.
- The U.S. has announced that it will apply cumulative tariffs of up to 145% on Chinese products.
- President Donald Trump has stated that the tariffs against China are justified and will continue to impose strong tariffs on China.
The Chinese government has excluded some items from the 125% retaliatory tariffs planned for U.S. products.
On the 30th (local time), according to Watcher Guru, Reuters reported citing sources that "China is secretly managing a list of certain U.S. imports and has exempted some items from high tariffs based on strategic needs."
Meanwhile, the U.S. previously announced that it would apply cumulative tariffs of up to 145% on Chinese products. In an interview with ABC the previous day, U.S. President Donald Trump stated that "the 145% tariff on China is a good thing," asserting the legitimacy of the tariffs against China by saying "they (China) deserve it."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
