Trump hints at imposing a 10% tariff on China starting in February.
- On Tuesday evening, President Trump stated that his team was discussing a potential 10% tariff on China.
- He said the duty could take effect as early as Feb. 1.
- In his 2024 presidential campaign, Trump proposed tariffs of over 60% on China.
Trump stated that his team was considering a 10% tariff on China, which could be implemented as early as February 1st.
The president stated that China will face a 10% tariff due to their fentanyl shipments to Mexico and Canada, as he addressed reporters at the White House on Tuesday evening.
He stated that Feb. 1 is likely the date we're considering.
On Tuesday, Trump stated that his team is considering imposing a tariff of approximately 25% on both Mexico and China.
The president's latest remarks were made a day after he stated that he was considering imposing 25% tariffs on Mexico and China as early as February.
On Monday, he stated that we are considering imposing a 25% levy on Mexico and Canada due to the large number of people crossing the border.
Trump had threatened to impose tariffs of up to 60% on Chinese goods during his 2024 campaign, and recently called for an additional 10% tariff on China on his Truth Social platform.
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