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The White House raises tariffs on China to 145%

This is the third time Washington has raised tariffs against Beijing, which has retaliated in response.

Donald Trump

Donald TrumpBrendan Smialowski / AFP

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U.S. President Donald Trump's steep tariff hike on Chinese goods, which took effect Thursday, raises Washington's additional levy on China to 145%, according to a White House document.

The 90-day suspension of new tariffs imposed by Trump on dozens of countries has taken effect, according to a White House order. However, he has also escalated the situation by raising tariffs on Chinese imports to 125%, adding to the 20% duty imposed earlier this year.

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