[ Trade War SITREP ] TARIFF ON CHINA IS 145%!!! China dare not retaliate... De Minimis tax will kill

USA clarified that the effective tariff on China is actually 145%: 125% tariff + 20% tariff in regards to the fentanyl crisis.

EU-specific tariffs, previously set at 20% for most goods (with 25% on steel, aluminum, and cars), are temporarily lowered to 10% during this pause, pending further talks.

The EU confirmed a 90-day pause on its countermeasures to align with the U.S. pause, aiming for negotiations.

EU and China discussed strengthening trade ties, with a summit planned for July to counter U.S. tariff pressures.

De Minimis Exemptions Ending May 2nd
Postal packages from China valued at under $800 will then be taxed at 90% of their value or $75 per item, which is scheduled to increase to $150 per item after June 1.

Trade War Focus Page: https://defensepoliticsasia.com/trade-war/

X: https://x.com/defensepolitics
Telegram: https://t.me/defensepoliticsasia
DPA Forum: https://t.me/DPAForum
DPA Chat: https://t.me/DPAChat
Discord: https://discord.gg/gc6DW6DpHk
WhatsApp: https://whatsapp.com/channel/0029VaSA7YQ7z4klxxYTcH0s

---

---

DPA: http://youtube.com/@DefensePoliticsAsia
DPA War: http://youtube.com/@DPA-War
DPA News: http://youtube.com/@DPA-News
DPA Open Mic: http://youtube.com/@DPAOpenMic
DPA Gaming: http://youtube.com/@DPA-Gaming

--

Support DPA's reporting and work financially (to circumvent Youtube's suppression):

Patreon: https://patreon.com/defensepoliticsasia/
Locals: https://defensepoliticsasia.locals.com/
Ko-fi: https://ko-fi.com/defensepoliticsasia
Boosty - https://boosty.to/defensepoliticsasia

Youtube Membership:
- http://youtube.com/@DefensePoliticsAsia/join
- http://youtube.com/@DPA-War/join

---

Discover DPA presence across the internet with DPA's Linktree: https://linktr.ee/defensepolitics