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Trump has not raised big tech China tariffs to 245 percent
Despite scaremongering headlines, Trump did not escalate his "reciprocal" China tariff to 245% on Tuesday night. The figure is a reinstatement of previous tariffs that don't apply to Apple or big tech at all.Tim Cook and Donal Trump in 2019 — image credit: White HouseComing on top of previous escalations and the Apple exemption that Trump says isn't an exemption, it wouldn't have been surprising if the China tariff rose again. And the White House itself stoked fear-mongering by how it phrased the tariffs in a fact sheet issued late on Tuesday night, April 15, 2025."China now faces up to a 245% tariff on imports to the United States," says the fact sheet, "as a result of its retaliatory actions." Continue Reading on AppleInsider | Discuss on our Forums
Despite scaremongering headlines, Trump did not escalate his "reciprocal" China tariff to 245% on Tuesday night. The figure is a reinstatement of previous tariffs that don't apply to Apple or big tech at all.
Tim Cook and Donal Trump in 2019 — image credit: White House
Coming on top of previous escalations and the Apple exemption that Trump says isn't an exemption, it wouldn't have been surprising if the China tariff rose again. And the White House itself stoked fear-mongering by how it phrased the tariffs in a fact sheet issued late on Tuesday night, April 15, 2025.
"China now faces up to a 245% tariff on imports to the United States," says the fact sheet, "as a result of its retaliatory actions."
Continue Reading on AppleInsider | Discuss on our Forums
Tim Cook and Donal Trump in 2019 — image credit: White House
Coming on top of previous escalations and the Apple exemption that Trump says isn't an exemption, it wouldn't have been surprising if the China tariff rose again. And the White House itself stoked fear-mongering by how it phrased the tariffs in a fact sheet issued late on Tuesday night, April 15, 2025.
"China now faces up to a 245% tariff on imports to the United States," says the fact sheet, "as a result of its retaliatory actions."
Continue Reading on AppleInsider | Discuss on our Forums
