“no, I would say maybe it's going to be more than that [60 percent tariff on Chinese imports].”
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Trump raised tariffs on Chinese imports above the promised 60 percent for roughly five weeks: an April 9, 2025 executive order lifted the 'reciprocal' IEEPA rate on China to 125 percent, on top of a 20 percent fentanyl-related IEEPA duty. The May 12, 2025 U.S.-China Geneva joint statement then suspended all but 10 percentage points of the reciprocal rate, and on February 20, 2026 the Supreme Court held in Learning Resources, Inc. v. Trump that IEEPA does not authorize presidential tariffs, invalidating those duties. Tariffs on Chinese goods under remaining authorities (Section 301 and others) stood well below 60 percent as of July 2026, so a 60-percent-plus level was imposed only briefly and not sustained.
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