Trump admits transition problems as White House says tariffs on China actually 145 per cent

Original article by
The Australian – Page: Online : 11-Apr-25

Donald Trump chaired a televised cabinet meeting on Thursday US time, during which he admitted there were "transition problems" with his tariff plan, as US shares fell again over the growing trade war between the US and China. The White House has clarified that tariffs imposed on China by Trump added up to 145 per cent, not 125 per cent, while Chinese Foreign Ministry spokesperson Mao Ning said in a post on X that the Xi Jinping-led government would not back down against the US, and European Commission president Ursula von der Leyen said that "all options remain on the table" in terms of potential EU tariffs against the US.

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