President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
Donald Trump is focusing on early foreign policy engagements with China and India as he begins his second presidential term. He has contacted Chinese President Xi Jinping and plans to visit India by April.
Chinese products will soon face a 10% tariff coming into the United States in a move that could ramp up conflict between the world’s two largest economies.
President Trump announced discussions on a 10% tariff on China starting February 1, citing fentanyl shipments to Mexico and Canada as a reason.
Trump should reflect on the ramifications of his comments about Canada, Greenland and the Panama Canal.
According to the US Drug Enforcement Administration (DEA), fentanyl is a highly addictive synthetic opioid which presents the deadliest drug threat in the country. US President Donald Trump said he is looking at February 1 as the date for imposing the tariffs.
On the very first full day of his second presidency, Mr Trump said the tariffs on China were still on the table in his remarks to reporters at the White House on Tuesday. The remarks came even after Mr Trump refrained from mentioning China from the countries he was looking to target immediately.
President Donald Trump could take a slower, more deliberate process in establishing tariffs after promising for months that trade partners would be hit with significant tariffs on his first day in office.
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.
Trump considers imposing 10% tariff on China due to fentanyl exports to Mexico and Canada, effective February 1.
US President Donald Trump on Tuesday said his team is discussing imposing a 10 per cent tariff on China starting February 1 based on the fact that the latter is sending fentany to Mexico and Canada. “