Trump’s broad tariffs, including a 104% duty on Chinese goods, are set to take effect

Trump’s Sweeping Tariffs Take Effect, Including 104% Duty on Chinese Goods

Former President Donald Trump’s aggressive new tariff policy has gone into effect, imposing steep import taxes on a wide range of foreign goods, with the most dramatic being a 104% duty on Chinese electric vehicles. The move, which also includes 60% tariffs on Chinese semiconductors, 50% on steel and aluminum, and 25% on hundreds of other products, marks one of the most significant escalations in U.S. trade policy in years.  

The Biden administration had largely maintained Trump’s earlier tariffs but avoided such sharp increases, making today’s shift a potential turning point in global trade relations. Economists warn that the higher costs could trickle down to consumers, raising prices on electronics, vehicles, and industrial materials. At the same time, supporters argue the measures will strengthen U.S. manufacturing by reducing reliance on foreign supply chains, particularly in green energy and advanced technology sectors.  

China has already condemned the tariffs, vowing to take “resolute countermeasures” in response. The 104% duty on electric vehicles effectively shuts out Chinese automakers like BYD from the U.S. market, giving American companies such as Tesla and Ford a competitive edge. However, some industry analysts question whether domestic production can scale up quickly enough to meet demand, potentially leading to shortages or delays in the EV market.  

The European Union is also considering similar restrictions on Chinese imports, signaling a broader trend toward economic protectionism among Western nations. Trade experts caution that escalating tariffs could trigger a new trade war, disrupting global supply chains and straining diplomatic relations.  

As businesses and consumers adjust to the new reality, the long-term impact remains uncertain. Will these tariffs revive American manufacturing, or will they spark inflation and retaliation from trading partners? The world is watching closely as the U.S. takes one of its boldest trade actions in decades.