White House says 104% tariff on China will take effect Wednesday

The U.S. will impose a 104% tariff on China beginning at 12:01 a.m. EST Wednesday, White House press secretary Karoline Leavitt said in a briefing Tuesday. 

Starting tomorrow, the White House will begin collecting steep levies on imported goods from China, as President Trump follows through on a threat issued on Truth Social Monday. 

Mr. Trump on Monday threatened an additional 50% tariff on imports from China after the nation retaliated by imposing a 34% import fee on American products. China’s retaliatory move came after Mr. Trump said China would face a 34% tariff on all goods imported to the U.S., a rate tailored specifically to China. 

China’s commerce ministry on Tuesday asserted that Beijing would “fight to the end” and take countermeasures against the U.S. if Mr. Trump did not back away from his latest threat.

— This is a developing story and will be updated.