104% tariffs imposed on China, confirms White House

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The United States has imposed 104 per cent tariffs on China, effective Apr 9, the White House has confirmed to a Fox Business reporter. 

The development follows a warning and a one-day deadline issued by President Donald Trump to China demanding the rollback of its 34 per cent duty on US imports.

A 20 per cent levy imposed in March and a 34 per cent increase last week have brought total tariffs on Chinese imports to 104 per cent.