China now faces U.S. tariffs of up to 245%, the White House said this week as it unveiled a probe into critical minerals. But that total appears to apply only to two types of goods—electric vehicles and syringes—and isn’t new.

Do tariffs make a country great? President Trump says other nations are ‘ripping off’ the United States all the time. He claims his tariff threats will boost American companies. But history suggests it’s not that