Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump said he could impose 10% tariffs on Chinese goods from February 1. China's stock markets fell after Trump's comments, breaking several straight days of gains. Trump had said he could slap tariffs of 25% on Canada and Mexico from February 1.
Trump holds off on immediate China tariffs, could enact 25% tariffs on Canada, Mexico on Feb 1
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.
Markets Rise After Trump AI Pledge But China Tariff Fears Return
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 approach on trade than initially feared.
Trump says new 10% tariff on China could come by Feb. 1, repeating November pledge
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
China vows to defend 'interests' against Trump tariff threats
China on Wednesday vowed to defend its "national interests" against tariff threats from US President Donald Trump after warned he could impose a 10 percent duty on imports from the country by the end of next week.
Trump says EU 'in for tariffs', warns of 10% rate on China
U.S. President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as February 1.
Market Talk: Markets 'hope Trump wants to strike a deal' with China
Donald Trump threatened 25% tariffs on Mexico and Canada on his very first day in office, and suggested duties on China might depend on whether Beijing sells a stake in TikTok. Russ Mould of AJ Bell told Reuters equity markets are hoping that's just a bargaining position - and trade partners will be able to strike a deal with Trump.
Factbox-Trump's Inner Circle Offers Different Perspectives on Dealing With China
However, his firms' exposure to China has come under sharp scrutiny. One of his firms, BCG Group, has a Chinese joint venture with state-owned China Credit Trust, while Cantor Fit
‘No winners in trade war’: Beijing reacts to Donald Trump's 10% tariff threats on Chinese goods
US President Donald Trump has relaunched the trade war with China, by threatening to impose a 10 per cent duty on imports ...
Tariffs are coming: Trump says he's looking at 10% tax on Chinese imports
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi ...
Trump says tariffs for China, Mexico and Canada taking shape for Feb. 1
President Donald Trump signaled early plans to use tariffs on imported goods as a key weapon in relations with the United ...
Mexico Is Getting Ready for Trump. Here’s What’s Different This Time.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally ...
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Trump 2.0: From Early Executive Orders to Delaying Tariffs Against China, Here’s What to Expect as Trump Takes Office
As Donald Trump is sworn in as the 47th president, he's not expected to impose China-specific tariffs on his first day in ...