Right now, China is backing itself into a corner in the tariff battle with President Donald Trump.
Trump has now levied more tariffs against them.
The Trump administration is hitting China with harsher tariffs after the country failed to meet the president’s 12:00 p.m. deadline on Tuesday to lift its retaliatory tariffs. This comes after President Donald Trump insisted that China wanted to “make a deal badly.”
Press Secretary Karoline Leavitt confirmed on Tuesday that an additional 104% tariff on Chinese imports will be imposed on April 9. In Tuesday’s press briefing, Leavitt also reiterated Trump’s belief that China is looking to make a deal.
“He believes China has to make a deal with the United States. It was a mistake for China to retaliate,” Leavitt told reporters. “The president, when America is punched, he punches back harder, that’s why there will be 104%…
