The White House says that tariffs on China are set to rise to 104% at 12:01am ET Wednesday after China missed Trump's deadline to remove its reciprocal tariff (Elisabeth Buchwald/CNN)

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Elisabeth Buchwald / CNN:
The White House says that tariffs on China are set to rise to 104% at 12:01am ET Wednesday after China missed Trump's deadline to remove its reciprocal tariff  —  President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday …

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