https://www.cnbc.com/2025/10/10/trump-trade-tariffs-china-software.html
He teased this announcement earlier in the day and the stock markets dropped by around 3%. Trump waited until the markets closed to make the full announcement. He also made the announcement on a Friday, the markets won’t reopen until Monday.
What does that make it now, 400%? 500%?
I believe it was around 30% baselines with additional tariffs for some specific products. In May, China and US agreed to a mutual 10% tariff. The US imposed an addition 25% tariff on China for his conspiracy theory around China intentionally poisoning the US with fentanyl.
So I think the new tariff would be around 130%.
This is a post I made back in May. https://hexbear.net/post/4889792