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Trump sees transition costs after confirming 145pc China tariffs

Washington | President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified US tariffs on China had risen to 145 per cent.

“There’ll be a transition cost, and transition problems, but in the end it’s going to be a beautiful thing,” Trump said on Thursday (Friday AEST) during a cabinet meeting. “We’re in very good shape.”

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    Original URL: https://www.afr.com/world/north-america/trump-s-tariff-rate-on-china-at-least-145pc-as-trade-war-intensifies-20250411-p5lqx8