President Donald Trump is leveraging a 145% tariff rate, higher than previously thought, on Chinese goods, according to White House officials. Trump made headlines and shifted financial markets Thursday by announcing a 90-day pause on his reciprocal tariff agenda for all U.

President Trump is open to a deal with Beijing on tariffs, but “the ball is in China’s court” amid the global superpowers’ trade battle, the White House shared on Tuesday. Press

White House officials clarified on Thursday that the 125 percent tariff the president announced on Wednesday was in addition to a 20 percent added to the country since President Trump returned to office.