Impact of U.S. tariff on China's GDP growth rate in 2025
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Reports from the International Monetary Fund or World Bank
Trump Weighs 10% Tariff on China Starting Feb. 1 Over Fentanyl Exports to Mexico, Canada
Jan 22, 2025, 02:01 AM
President Donald Trump announced his administration is considering imposing a 10% tariff on China, potentially effective February 1, citing China's role in fentanyl exports to Mexico and Canada. “We're talking about a tariff of 10% on China based on the fact that they're sending fentanyl to Mexico and Canada,” Trump said. He also mentioned that he had discussed the issue with Chinese President Xi Jinping.
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