“America does not need other countries as much as other countries need us, and President Trump knows this,” said White House Press Secretary Karoline Leavitt on Tuesday, adding that the president “will not break” on the comprehensive tariffs he imposed on most foreign trading partners last week.
The tariffs, imposed on April 2, imposed a minimal 10% levy on most goods from most countries but higher levies, ranging from 20% to 50%, on 60 nations that maintain disproportionally high tariffs on American goods. China, which Trump said imposed a 67% tariff on American imports, retaliatorily matched Trump’s 34% rise on its imports to the United States, causing Trump to retaliate with an additional 50% increase on Chinese products, bringing that country’s total levy to 145% as of Friday morning.
Most other tariffs were paused for 90 days.
Read more at Newsmax© 2025 Newsmax. All rights reserved.