Market
How will the 10% tariff on Chinese imports affect U.S. trade balance by the end of Q2 2025?
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Resolution / Starting Odds
Improvement • 25%
No Change • 25%
Worsening • 25%
Uncertain • 25%
U.S. Department of Commerce trade balance reports
Story
Trump Considers 10% Tariff on Chinese Imports Over Fentanyl Concerns, Starting February 1
Jan 22, 2025, 12:25 AM
U.S. President Donald Trump has announced that his administration is considering imposing a 10% tariff on Chinese imports, effective as early as February 1. This decision is based on concerns over China allegedly sending fentanyl to Mexico and Canada, which then enters the U.S. Trump made these remarks during a press conference at the White House, emphasizing that this tariff is part of a broader strategy to address trade imbalances and drug trafficking issues.
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Trade surplus achieved • 25%
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