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Trump Announces 10% Tariff on China, 25% on Mexico and Canada Over Fentanyl
Jan 22, 2025, 12:36 AM
President Donald Trump announced that his administration is considering imposing a 10% tariff on Chinese imports starting February 1st, citing China's role in the distribution of fentanyl to Mexico and Canada. Trump stated, 'We're talking about a tariff of 10 percent on China based on the fact that they're sending fentanyl to Mexico and Canada.' He also indicated that 25% tariffs on Mexico and Canada will start in the coming weeks, emphasizing that these tariffs are not related to renegotiations of the USMCA treaty.
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