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.
On the campaign trail, Mr Trump promised a 10 per cent to 20 per cent charge on all imported goods and 60 per cent on Chinese products. He also vowed a 25 per cent tariff on all products from Canada and Mexico, and an additional 10 per cent duty on Chinese goods.
Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of government revenue.
US President Donald Trump said on Tuesday that he is considering imposing an additional 10 percent tariff on imports from China starting on February 1st. That is the same date on which he is mulling slapping 25-percent tariffs on imports from Mexico and Canada.
Chinese markets were relieved after Beijing avoided an instant blizzard of executive orders, but Mexico's peso and Canada's dollar weren't so lucky.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious
As Donald Trump is sworn in as the 47th president, he's not expected to impose China-specific tariffs on his first day in office, signaling a strategic shift toward engagement with Beijing rather than reigniting a trade war.
Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.
President Donald Trump signaled early plans to use tariffs on imported goods as a key weapon in relations with the United States’ three top trading partners, saying the first new taxes on foreign products could be announced Feb.
Within hours of his return to the White House, Trump (pictured) signed a flurry of executive orders and signalled an era of upheaval for the world economy.
Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office, but rather directs federal agencies to evaluate U.S. trade relationships with China,