How much duties for China finally take? On Thursday, April 10, the White House in a surprising announcement for the CNBC station explained that the duties on imports from China are already raising 145 percent The White House official reported that Trump actually imposed 125 % duties, but there is also an applied at the beginning of 2025. 20 % rate imposed in retaliation for the allegedly too little effective fight of the Chinese authorities with fentanyl smuggling to USA.
Confusion with duties: Donald Trump announced on Wednesday, April 9 that he “immediately” raises duties on China to 125 percent In turn, the White House on Platform X cited the President's words on Wednesday USA And he wrote: “125 percent of China tariffs”.
Economists comment on: “Cabaret continued. Trump does not learn. He believed that Wall Street loves him again, so he raised the duty to Chinese imports to 145 percent. Indexes and dollar divethe profitability of bonds increases (despite the surprise in data about CPI) ” – writes Piotr Kuczyński, an analyst of financial markets at the Xelion investment house.
Dollar is bleeding, red on the stock exchange: The American currency records on Thursday after 19 powerful loss (-1.61 percent) and costs PLN 3.81. Euro is after PLN 4.26 (+0.64 percent). EUR course/USD is $ 1.12 (+2.27 percent). WTI oil falls again below $ 60 for the barrel (-5 percent), and gold reached the level $ 3 150 for the ounce (+2.50 percent). In turn, the American stock market is red. The Nasdaq Composite index loses OK. 5.30 percent S&P 500 also records decreases (-4.50 percent) and Dow Jones Industrial Average (-3.80 percent). Instead, European indexes gain – German DAX (+4.50 percent), French CAC 40 (+3.80 percent) and FTSE 100 (+3.04 percent).
Summary of the trade war: Donald Trump applied together 145 % duties on China and suspended On Wednesday, mutual duties for almost 60 countries and the European Union (he upheld 10 % base rate). China announced retaliation stepsand they responded earlier 84 % customs rates for imports from the USA. In turn, the European Union suspended On Thursday, customs retaliation against the United States.
Read also: “Trump manipulated the markets? Serious accusations. 'Who was profitable?', 'Crime.”
Sources: CNBC, White House (X), Piotr Kuczyński (X), STOOQ.PL