Money Trump proposes raising tariffs to a total of 25% on $575 billion in Chinese goods May 5, 2019May 5, 2019William Cummings, USA TODAYComments Off on Trump proposes raising tariffs to a total of 25% on $575 billion in Chinese goods Trump believes the economy is thriving partly because of – not despite – the tariffs. And he vowed more taxes on Chinese imports would come this week.