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.

President Donald Trump on Wednesday will meet with Japanese officials to negotiate on tariffs and trade -- two days after the president's top economic adviser said the United States is close to deals with more than 10 trading partners.

US and China’s mutual tariffs have already surpassed 100%, but this is not the end of tariff increases from Washington, according to a statement from the White House. The White House noted that on his first day,