• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’

by April 9, 2025
written by April 9, 2025

The US–China trade tensions took a major turn on Monday as the White House confirmed a sweeping 104% tariff on selected Chinese imports, escalating an already volatile standoff between the world’s two largest economies.

According to Fox Business reporter Edward Lawrence, White House Press Secretary Karine Jean-Pierre announced that the new tariff measures would take effect at noon Eastern Time on April 9, after China refused to roll back its retaliatory tariffs against American goods.

“The 104% additional tariff will be collected starting tomorrow, April 9,” Jean-Pierre stated, firmly underlining Washington’s hardening stance.

Edward Lawrence

@EdwardLawrence

·Follow

White House Press Secretary says 104% additional tariffs went into effect at noon eastern time because China has not removed it’s retaliation. The 104% additional tariff will be collected starting tomorrow April 9th. #trade #Tariffs #POTUS #china

10:01 PM · Apr 8, 2025

959

Reply

Read 75 replies

This dramatic escalation follows President Donald Trump’s warning last week that punitive measures would be introduced if Beijing did not remove its 34% retaliatory tariffs.

With China holding its ground, the US responded with a sharp increase in duties, further inflaming the trade conflict and sending new shockwaves through already-jittery financial markets.

The announcement comes shortly after President Trump signaled he was waiting for a response from China before taking drastic steps.

While Trump left the door open for negotiations, administration officials made it clear that China would not be prioritized in any upcoming trade talks, underscoring a strategic shift in US policy.

Following Trump’s initial tariff announcement on April 2, global markets saw a modest recovery after a steep sell-off that erased trillions of dollars in value the previous week.

Jürgen Nauditt 🇩🇪🇺🇦

@jurgen_nauditt

·Follow

Brent crude oil prices fall sharply amid news of 104% tariffs against China: Markets are also falling live during the White House press secretary’s speech.

Watch on Twitter

View replies

10:56 PM · Apr 8, 2025

271

Reply

Read 17 replies

US stocks managed to claw back some gains, but analysts warn that escalating trade hostilities could trigger renewed volatility, hurt investor sentiment, and slow down global economic growth.

The new 104% tariff measure significantly ramps up existing barriers. Previously, Trump had imposed a 10% tariff on nearly all imports into the US, and further duties—potentially reaching 50%—are set to roll out against multiple trading partners starting April 9.

This tough approach has raised concerns among business groups and economists about rising costs for American consumers and companies reliant on Chinese goods.

Beijing has refused to capitulate

Chinese officials labeled Washington’s latest actions as “blackmail” and vowed to “fight to the end” to protect their interests.

The Chinese government emphasized its readiness to retaliate with countermeasures if necessary, fueling fears of a full-scale trade war with global consequences.

Despite the sharp rhetoric, Trump hinted at the possibility of reaching an agreement.

“China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for them,” the president said, suggesting that diplomacy remains a potential path forward—albeit a distant one for now.

Rapid Response 47

@RapidResponse47

·Follow

.@PressSec: “It was a mistake for China to retaliate. When America is punched, [President Trump] punches back harder. That’s why there will be 104% tariffs going into effect on China tonight… If China reaches out to make a deal, he will be incredibly gracious.”

Watch on Twitter

View replies

11:10 PM · Apr 8, 2025

1.5K

Reply

Read 82 replies

With tensions mounting, all eyes are now on Beijing’s next move.

The fallout from this latest escalation could have lasting impacts not only on US–China trade relations but also on the broader global economy.

The post US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’ appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains
next post
Why Netflix may emerge as a trade war survivor

related articles

Evening digest: Iran truce strains; Meta jumps as...

April 8, 2026

Dow Jones closes 1300 pts higher as US-Iran...

April 8, 2026

AMD stock jumps 4% as ceasefire rally and...

April 8, 2026

Emerging markets see biggest outflows since 2020 amid...

April 8, 2026

Magnificent Seven stocks: why only two names are...

April 8, 2026

Markets cheer ceasefire, but risks linger over Hormuz...

April 8, 2026

Intel stock is gaining and it has Elon...

April 8, 2026

Meta stock rockets 9% after unveiling new AI...

April 8, 2026

Nvidia stock is up around 2%: can it...

April 8, 2026

Why JPMorgan sees further upside in Palo Alto...

April 8, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump marks 100-days in office embroiled in trade battles, deadly wars and hard pressed deals

    April 29, 2025
  • MIKE DAVIS: Why SCOTUS must reinstate Trump US Attorneys Alina Habba and Lindsey Halligan

    December 3, 2025
  • Tesla agrees to first deal to build China’s largest grid-scale battery power plant

    June 21, 2025
  • House Freedom Caucus to draw battle lines on reconciliation fight after presenting plan to Trump

    January 16, 2025
  • Top liquor distributor favored Costco and Kroger over small businesses, FTC says

    December 13, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (1,650)
  • Stock (1,017)

Latest Posts

  • New poll shows where Trump stands 10 weeks into his second tour of duty in the White House

    March 31, 2025
  • Trump distances himself from Russia–Ukraine conflict: ‘Not our people, not our soldiers’

    May 21, 2025
  • Republicans, Trump run into Senate roadblock on voter ID bill

    February 4, 2026

Recent Posts

  • Scalise reveals post-shutdown GOP battle plan as House readies for intense new schedule

    November 12, 2025
  • Taiwan ramps up coast guard and military readiness in face of Beijing’s ‘gray zone’ warfare

    June 12, 2025
  • Hegseth orders ‘historic’ reduction in general officers in the military

    May 5, 2025

Editor’s Pick

  • GGP Share Price Continues Decline. Will It Recover Soon?

    August 7, 2024
  • Gold and silver: gold faces a new challenge at $2400

    August 7, 2024
  • Commodity wrap: gold steady on rate cut hopes, oil rises on sanction fears

    December 19, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock