The White House says that tariffs on China are set to rise to 104% at 12:01am ET on April 9 after China missed Trump's deadline to remove its reciprocal tariffs

President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday …

CNN 2025-04-09 Elisabeth Buchwald

Discussion

@hunterwalk.com @hunterwalk.com on bluesky
People are thinking Trump can just put the eggs back in the carton by moderating stance of tariffs — But by showing the world we're no longer a reliable economic parter some of the eggs are now broken regardless — Not good
@ryanhatesthis Ryan Broderick on bluesky
This is why any headlines about “de-dollarization” right now should really scare you. Americans have been insulated from the worst of the economic collapses of the 21st century because of the dollar. We are about to find out what it feels like when that's no longer true. — bs…
@ryanhatesthis Ryan Broderick on bluesky
You can tell yourself things like, “I guess I won't buy stuff anymore,” but it's not that simple. If the tariffs stay in place, we're looking at hyperinflation like Argentina experienced last year (didn't go there, but knew people living there). At certain point, money just doe…
@aaron.rupar Aaron Rupar on threads
Trump on the midterms: “I really think we're helped a lot by the tariffs situation. It's great.”
@kolchak Ryan Anderson on threads
All that money, capitulation and groveling...only to kneecap their own businesses. The oligarchs who kissed the ring are now in the reaping stage. Hope it was worth it.
@mrbeast @mrbeast on x
Ironically because of all the new tariffs it is now way cheaper to make our chocolate bars we sell globally NOT in America because other countries don't have a 20%+ tariff on our cogs 😅
@graphcrimes @graphcrimes on x
There is no sector of the economy that could even remotely survive 104% tariffs on China btw
@loganbartlett Logan Bartlett on x
The whole trade deficit concept is so flawed — and (one of) the dumbest parts is it barely counts services revenue. Companies like Google, Meta, Microsoft, Netflix, Visa etc are printing cash globally. We're judging a game and ignoring half the points.
@shaunrein Shaun Rein on x
Forget cocaine and fetanyl, Mexican gangs are going to start smuggling iPhones, Air Jordans and t-shirts from China, Vietnam and Cambodia into America
@mattbruenig Matt Bruenig on x
Speed going around China and showing all their leading technology to his huge American audience while Trump does this impotent trade war definitely looks a lot like a dying superpower being supplanted
@josh_wingrove Josh Wingrove on x
“BE COOL” [image]
@paulskallas LindyMan on x
there's nothing to fear. Smart people adapt. In the 2010s they went into software. in the 2020s they will open up factories it's all the same thing, finding angles and edges
@atrupar Aaron Rupar on x
Leavitt: “When America is punched, he punches back harder. That's why there will be 104% tariffs going into effect on China tonight at midnight. But the president believes that Xi and China want to make deal, they just don't know how to get that started.” [video]
@iamdcinvestor @iamdcinvestor on x
i'm thinking the industrialists aren't gonna let the admin torch their businesses for super harsh China tariffs tied to no articulated re-industrialization agenda they can't go after Trump yet, so they will burn Navarro alive then, Lutnick and then, if needed, Trump
@lhsummers Lawrence H. Summers on x
Developments in the last 24 hours suggest we may be headed for serious financial crisis wholly induced by US government tariff policy.
@lawindsor Lauren Windsor on x
Just waiting for China to counter that by calling in the $800 billion it's holding in US debt.
@presssec Karoline Leavitt on x
President Trump's message has been simple and consistent from the beginning: To countries around the world — bring us your best offers, and President Trump will listen...He's going to use the leverage of our market and our country to the advantage of the people he represents. On…
@paulg Paul Graham on x
Trade wars often turn into real wars. I wonder if this is the point where China blockades Taiwan.
@thestalwart Joe Weisenthal on x
Foreign governments say the Trump administration hasn't responded to its calls to talk about the tariffs, and that they have no clue what kind of ask the US is looking for in any kind of deal https://www.politico.com/...
@levie Aaron Levie on x
It does no good to dunk on someone you're on the titanic with. But I do think it's useful to learn from things as a civilization. [image]
@josephpolitano @josephpolitano on x
Sure, a 104% tariff on iPhones imported from China is bad news. The good news is that Apple has already diversified its production to India and Vietnam, and no American president would be dumb enough to say put 46% tariffs on Vietnam
@josephpolitano @josephpolitano on x
It's official now: tariffs on most imports from China will go up to 104% tonight Tariffs will remain at 20% for rare earth minerals, pharmaceuticals, gold, semiconductors, etc, exempted from the April 2nd tariffs, but this is the end of the vast majority of direct US-China trade …
@rbreich Robert Reich on x
Trump says tariffs will help US workers, but he may actually be putting them out of a job. Not only do tariffs make it harder for American companies to source products, but retaliation from our trading partners will shrink export markets. In a trade war, there are no winners.
@hamandcheese Samuel Hammond on x
I can't imagine how the administration begins to restore market confidence given the idiosyncratic personalities and political dynamics involved. It would require a full policy reversal and a credible commitment to not try again later. But they're pot committed.
@adamscochran Adam Cochran on x
White House has announced 104% tariffs are live as of noon Eastern today. No one blinked. Trade war is on.
@atabarrok Alex Tabarrok on x
To improve the manufacturing sector we need to increase productivity, reduce the cost of energy and speed permitting. Not devalue the currency or limit trade. https://marginalrevolution.com/ ...
@vanillaopinions @vanillaopinions on x
oh cool ending literally all trade with china should go well
@josephpolitano @josephpolitano on x
it's kind of insane that Trump ended up in a policy equilibrium where he put a 104% tariff on China but won't ban Tiktok. it's the one stove he won't touch.
@adamscochran Adam Cochran on x
“Markets are now fully pricing the tariffs” Man we're where we were when people debated the tariffs happening, and the number on China was 50%, all while a P/E on the S&P is 19. The market is still pricing one side folding fast. And that'd be great - but if it doesn't happen,
@levie Aaron Levie on x
Tariff threats may feel like we're sticking it to China. We're actually sticking it to a good chunk of businesses in America.
@nikitabier Nikita Bier on x
Despite losing several million dollars, this has been incredible week for content. I am literally on the edge of my seat waiting to see if China or America will fold first.
@thestalwart Joe Weisenthal on x
At 12:01 Trump's tariffs officially took effect. Tariffs are now at their highest level in 100 years. [image]
@jessicatarlov Jessica Tarlov on x
He's going to bankrupt America, and it does not seem like anyone around him, including Scott Bessent, can stop him. https://x.com/...
@jamessurowiecki James Surowiecki on x
China had $3.58 trillion in exports last year. $436 billion of that went to the U.S. That's a big chunk of their total exports, but are they really “completely dependent” on the U.S.?
@armanddoma Armand Domalewski on x
the only way the world is gonna trust us if we fully repeal Trump's tariff powers
@dieworkwear Derek Guy on x
How much do you think it costs to make a pair of Nike shoes in Asia? I'll show you. 🧵 [image]
@martijnrasser Martijn Rasser on x
China accounts for only 15% of global consumption — less than its 18% share of world GDP and far below its 30% share of manufacturing...the gap between its exports and imports has more than doubled since 2019, climbing to almost $1T last year. https://ig.ft.com/...
@rapidresponse47 @rapidresponse47 on x
.@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.” [video]
@rapidresponse47 @rapidresponse47 on x
.@StephenM: “China has hollowed out our defense industrial base... America cannot create the essential materials it needs to ensure our security into the future because China has stolen those supply chains... That is the national security threat the President is responding to.” […
@ianbremmer Ian Bremmer on x
i sat down with former treasury secretary @LHSummers to discuss trump's tariffs “this is probably the worst, most consequential, self-inflicted wound in us economic policy since the second world war,” he tells me. @gzeromedia [video]
@zerohedge @zerohedge on x
Problem with devaluing the yuan to offset tariffs is Trump can just go from 104% to 104,000%
@rapidresponse47 @rapidresponse47 on x
Deputy Chief of Staff @StephenM: “I believe that China will be forced, very soon, to come to the table for the simple reason that China's economy is completely dependent on its exports to the United States and to the West... China is now discovering, for the first time, that they…
@spencerhakimian Spencer Hakimian on x
Every single small business in the United States that interacts with China is officially on bankruptcy watch. [image]
@macaesbruno Bruno Maçães on x
At 104% tariffs there is now a de facto trade embargo on China
@thestalwart Joe Weisenthal on x
You could build a factory, but you can't build it with all domestic parts. So before you get started, someone needs to build that domestic parts maker. Of course, they're going to need someone else to get rolling, so they can build their domestic parts maker for your factory.
@billackman Bill Ackman on x
Our stock market is down. Bond yields are up and the dollar is declining. These are not the markers of successful policy. I am receiving an increasing number of emails and texts from small business people I do business with or have invested in, expressing fear that they will
@noahpinion Noah Smith on x
Your regular reminder that Congress could choose to stop this madness at any minute
@mattmfm Matt McDermott on x
Reddit is flooded with small businesses owners getting crushed by tariffs — devastated by the thought of raising prices, firing workers, or closing up shop entirely. [image]
@apompliano Anthony Pompliano on x
China hit with 104% tariff today. Hopefully cooler heads prevail and tariff rates go back towards 5-10% in the steady state.
@chamath Chamath Palihapitiya on x
As many problems as the USA may have, I would say China's are worse: 1. China is seeing the slowest growth they've had in decades. 2. Their attractiveness as a recipient of Foreign Domestic Investment has come to a halt. 3. They have a very difficult demographic problem of
@robin_j_brooks Robin Brooks on x
If US tariffs on China really do go up by a cumulative 104 ppts this year, that's a huge shock. China depends on its export sector for growth. Tariffs of this magnitude are debilitating. Risk of extreme outcomes with potentially big unintended consequences for markets is rising. …
@glennluk Glenn on x
So I guess China's response to the April 9th deadline was this white paper, published just a few minutes ago. Link in ALT. [image]
@zhugeex Daniel Ahmad on x
Didn't happen. Deadline passed. Which means China tariff rate would increase by 50% to 104%. It's so over.
@krassenstein Brian Krassenstein on x
BREAKING: Trump raises tariffs on China to 104%, effective at midnight. China will almost certainly retaliate further. I don't want a dime of my tax money going to MAGA farmers as stimulus after Trump helps them recover from the tariffs that hurt them. Who's with me?🖐️
@harryjsisson Harry Sisson on x
Donald Trump just placed an additional 50% tariff on China, raising the overall tariff rate to 104%. This is nuts. Trump is going to bankrupt a lot of Americans who send their products abroad. Trump is hurting America.
@liqian_ren Liqian Ren on x
lol: Pres Trump said if China takes Taiwan, it will face 100% tariff. But now US is already 104% tariff on China, so taking Taiwan will actually be 4% tariff discount. [image]
@yashar Yashar Ali on x
104% tariffs on China are going into effect at 12:01 AM the White House says. Think about how many goods you buy which are manufactured in and shipped from China. Think about how many goods you buy which have components and ingredients which are manufactured in and shipped from…
@patrickmoorhead Patrick Moorhead on x
Apple has to be the worst off tech company regarding tariff threats: - most manufacturing is done in China (90% product revenue?) - could take ~5 years to move meaningful volume to India with 34% tariffs - ~20% revenue from Chinese consumers and get hit with China's tariffs (we …
@levie Aaron Levie on x
Shouldn't we have someone running trade who actually likes... *trade* [image]
r/worldnews r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/politics r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/StockMarket r on reddit
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump - CNBC
r/Economics r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/worldnews r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/politics r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/Wallstreetsilver r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump (Xi isn't playing, and now the sh*t is about to get real)
r/BoomersBeingFools r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/China r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/politics r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/inthenews r on reddit
China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump
r/wallstreetbets r on reddit
Stocks slide again as US forges ahead with 104% tariffs on China
r/europe r on reddit
Stocks slide again as US forges ahead with 104% tariffs on China
r/FluentInFinance r on reddit
Tariffs on China set to rise to at least 104% on Wednesday, White House says
r/fpv r on reddit
How cooked are we in the US?
r/puer r on reddit
US forges ahead with 104% tariffs on China, says willing to talk to other countries
r/democrats r on reddit
Tariffs on China set to rise to at least 104% on Wednesday, White House says
r/geopolitics r on reddit
US forges ahead with 104% tariffs on China, says willing to talk to other countries
r/PrepperIntel r on reddit
US forges ahead with 104% tariffs on China, says willing to talk to other countries
r/Economics r on reddit
US forges ahead with 104% tariffs on China, says willing to talk to other countries
r/economy r on reddit
Tariffs on China set to rise to at least 104% on Wednesday, White House says
r/AntiTrumpAlliance r on reddit
Tariffs on China set to rise to at least 104% on Wednesday, White House says
r/worldevents r on reddit
Tariffs on China set to rise to at least 104% on Wednesday, White House says
r/inthenews r on reddit
Trump awaits ‘call’ from China, but aides say deal not likely before 104% tariffs hit
r/worldnews r on reddit
China vows to ‘fight to the end’ as Trump tariff war rages
r/politics r on reddit
China vows to ‘fight to the end’ as Trump tariff war rages
r/wallstreetbets r on reddit
Amazon Cancels Inventory Orders From China After Tariffs
r/technology r on reddit
Amazon Cancels Some Inventory Orders From China After Tariffs
r/StockMarket r on reddit
Amazon Cancels Inventory Orders From China After Tariffs
r/worldnews r on reddit
Amazon Cancels Some Inventory Orders From China After Tariffs
@nikkeiasia @nikkeiasia on x
As more Trump tariffs kick in, manufacturers are being forced to adapt — from readjusting orders and relocating production to focusing on https://non-u.s.markets/. https://asia.nikkei.com/...
@nikkeiasia @nikkeiasia on x
Given just days to grapple with punishing tariff hikes, companies including Apple, Dell, Microsoft and Lenovo have pressed suppliers to fly as many premium devices to the U.S. as possible, particularly computers priced at more than $3,000. https://asia.nikkei.com/...
@scripting.com Dave Winer on bluesky
Apple sells 250 million phones a year, but how many in the US? They could just let the prices in the US go up, thanks to TrumpTariffs, and sell phones for the same old price elsewhere in the world.
@davidfrum David Frum on bluesky
The tiny screws that clamp together the iPhone are made in China. Many of machines that makes the tiny screws are made in USA. In a doomed chase for the basic industries we don't want, Trump will destroy the advanced industries USA has. www.theatlantic.com/economy/ arch...
@carnage4life Dare Obasanjo on bluesky
Everything is easy when you have no idea how anything works.
@dylanonchips @dylanonchips on bluesky
Morgan Stanley Research, for those in the back: “For an industry facing hundreds of billions of dollars in costs to set up shop in the U.S. [versus] tens of billions in tariffs, tariffs still feel like the less bad choice.” www.crn.com/news/computi... [embedded post]
@mgsiegler.com M.G. Siegler on bluesky
How is Tim Cook feeling about that $1M gift to Trump right now? Maybe he should have given $1T as that's what Trump clearly plans to wipe from Apple's market cap... [embedded post]
@chancemiller.me Chance Miller on bluesky
Man, I'm really starting to think this guy doesn't know what he's talking about.
@samleecole Sam Cole on bluesky
of all the soundbites of the last few months, “the tradecraft of America, the high school educated Americans, the core to our workforce” might piss me off the most www.404media.co/a-us-made-ip...
@ernie.tedium.co Ernie Smith on bluesky
I'm just thinking about how the fantasy these people are selling us ignores the fact that white-collar jobs are often more attractive and a better fit for the U.S. economy. — www.404media.co/a-us-made-ip...
@jasonkoebler@mastodon.social Jason Koebler on mastodon
Here I explain why the idea that we are going to suddenly make iPhones in the U.S. is pure fantasy and if Apple WERE to do that it would come after several years of deep pain. The iPhone is perhaps the most global product that has ever existed: https://www.404media.co/...
@joannastern Joanna Stern on threads
It's me “screwing in little, little screws.” A short video on why bringing iPhone manufacturing to America is hard—and why we'll pay for a more expensive tariffed iPhone far before we get an iPhone that says “Assembled in America.”
@chancehmiller Chance Miller on threads
Man, I'm really starting to think this guy doesn't know what he's talking about. https://9to5mac.com/...
@spencerhakimian Spencer Hakimian on x
In a huge victory for American workers, Apple has agreed to reshore jobs from Shenzhen to Bengaluru. Thank you President Trump! [image]
@hassankhan @hassankhan on x
Was discussing this with my former coworkers who are still at Apple working in operations [Screenshot of Lutnick's “The army of millions and millions of human beings screwing in little screws to make iPhones — that kind of thing is going to come to America”, with a comment: “I ha…
@joannastern Joanna Stern on x
It's me, “screwing in little, little screws.” A short video on why bringing iPhone manufacturing to America is hard—and why we'll pay for a more expensive tariffed iPhone far before we get an iPhone that says “Assembled in America.” [video]
@zachweinberg @zachweinberg on x
The fully American iPhone 19 pictures have LEAKED. Only $1500. Steal. [image]
@lionelhutz_esq Lionel Hutz on x
Suddenly not having a case on my iPhone has become a potentially life-altering financial decision
@swiftonsecurity @swiftonsecurity on x
Bitch we can't even make an hPhone
@munster_gene Gene Munster on x
Over the past five trading days $AAPL investors have slid into panic mode. Shares are down 23% since April 2. • It's going to get ugly with China over the next month, which will intensify the panic. • My eyes are on the horizon. Looking out 3 months from now, I believe Apple …
@mikeisaac Rat King on x
zero percent chance this will ever, ever, ever happen
@rakeshsfnyc Rakesh Agrawal on x
Dumbest president in my lifetime. Even if it were possible, the timeline to make such a change is well beyond the end of Trump's term. Knowing that the next POTUS won't be a moron*, it would make zero sense to saddle yourself with those costs. * I suppose it's theoretically po…
@ikoweb3 Iko on x
@APompliano People forget—America doesn't have a manufacturing problem, it has a narrative problem. The innovation is here, the talent is here, and the infrastructure is catching up. Bet on builders. Follow back, let's keep the momentum going.
@itsmattjason Matthieu Jason on x
@APompliano It's not that America *can't* manufacture—it's that we forgot how much we *should*. Building things isn't just about products; it's about pride, resilience, and staying ahead. The future belongs to the makers.
@apompliano Anthony Pompliano on x
Many of the fastest growing or most valuable companies in the US manufacture rockets, cars, robots, machinery and other products here in America. If you think America can't manufacture goods, you are delusional.
r/politics r on reddit
Trump Has a Screw Loose About Tariffs
r/technology r on reddit
A ‘US-Made iPhone’ Is Pure Fantasy
r/stupidpol r on reddit
104% tariffs on China to go into effect at midnight
r/StockMarket r on reddit
Trump tariffs: White House says 104% China tariffs take effect at midnight
r/theydidthemath r on reddit
[Request] If Trump keeps on doubling tariffs on china at this pace, will his tariffs be higher than atoms in the universe before his term ends, or will he need a third?
r/TheDeprogram r on reddit
Trump tariffs: White House says 104% China tariffs take effect at midnight
r/Economics r on reddit
Trump tariffs: White House says 104% China tariffs take effect at midnight
r/MarxistCulture r on reddit
Trump tariffs: White House says 104% China tariffs take effect at midnight
r/genzdong r on reddit
Trump tariffs: White House says 104% China tariffs take effect at midnight
r/Superstonk r on reddit
Soon it'll be over 1000 % tariffs on china.
r/centrist r on reddit
China 104% tariffs going into effect at 12:01 a.m., White House confirms
r/apple r on reddit
A ‘US-Made iPhone’ Is Pure Fantasy
r/NoShitSherlock r on reddit
Trump tariffs: Elon Musk calls Peter Navarro ‘dumber than a sack of bricks’
r/investinq r on reddit
Trump tariffs: Elon Musk calls Peter Navarro ‘dumber than a sack of bricks’
r/wallstreetbet r on reddit
Trump tariffs: Elon Musk calls Peter Navarro ‘dumber than a sack of bricks’
r/WallStreetbetsELITE r on reddit
Time for Calls. China wants to now make a deal?
r/ProfessorFinance r on reddit
Live updates: Trump had ‘great call’ with South Korea, says China wants to make deal
@aaronandml Aaron Rubin on x
The White House just updated the 321 Executive Order, now items sent through International Postal Mail get a tariff of 90% or $75 per item. The transportation company chooses if it's 90% or $75, but it has to be the same for all their shipments. This is just for Postal Mail. [ima…
@garrett_archer @garrett_archer on x
Learn to sew.
@freightalley Craig Fuller on x
Trump just nuked Temu and Shein It will now cost $75 per postal item. On June 1, it will go to $150 per postal item.
@eigenrobot @eigenrobot on x
ok this one is pretty funny
@jigarshahdc Jigar Shah on x
Trump just killed Temu and Shein
r/politics r on reddit
US Slaps Higher Taxes on Small Parcels in Tit-for-Tat Trade War
@edludlow Ed Ludlow on x
PC-makers saw this coming, but to what extent? (Canalys) data shows that in 1Q, laptops shipments grew at fastest quarterly pace since the pandemic. The surge was driven by companies hastening product deliveries before tariffs hit. So Dell, Apple, others anticipated tariffs [imag…

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The White House says that tariffs on China are set to rise to 104% at 12:01am ET on April 9 after China missed Trump's deadline to remove its reciprocal tariffs

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