Total US tariffs on China now at least 145%, including 20% fentanyl levy – business live

The increase follows a executive order from Donald Trump raising the ‘reciprocal’ tariff to 125%, in addition to the 20% fentanyl levy China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

Apr 10, 2025 - 09:45
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Total US tariffs on China now at least 145%, including 20% fentanyl levy – business live

The increase follows a executive order from Donald Trump raising the ‘reciprocal’ tariff to 125%, in addition to the 20% fentanyl levy

China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.

In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said. Continue reading...

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