India, April 16 -- China now faces a tariff of up to 245 percent as a result of its retaliatory measures, the White House stated.
"On Day One, President Trump initiated his America First Trade Policy to make America's economy great again," it said in a fact sheet released late Tuesday.
"On Liberation Day, President Trump imposed a 10% tariff on all countries and individualized reciprocal higher tariffs on nations with which the U.S. has the largest trade deficits in order to level the playing field and protect America's national security," it added.
More than 75 countries have already reached out to discuss new trade deals, according to the White House.
As a result, the individualized higher tariffs are currently paused amid these discu...