104% Tariffs Take Effect, 400% Rumors Stir Debate
104% Tariffs Take Effect, 400% Rumors Stir Debate
At 12:01 AM on April 9, 2025, the U.S. officially implemented “reciprocal tariffs” on Chinese imports, raising the cumulative tariff rate to 104%—on top of the previously existing 25% tariff. While the White House announced a 90-day deferral of new tariffs for certain countries, tariffs on Chinese goods remain at high levels.
Amid this, rumors of a 400% tariff gained traction after Shark Tank investor Kevin O’Leary publicly advocated for such a move, claiming it would “level the playing field” and put pressure on China. However, this proposal has not been adopted, and official tariffs remain between 104% and 125%, with no indication of a 400% rate being implemented.
2025.04.10