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What will be the primary reason cited by the US for imposing tariffs on China by February 1, 2025?
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Resolution / Starting Odds
Fentanyl exports • 25%
Trade imbalance • 25%
Intellectual property issues • 25%
Other • 25%
Official statements from the US government or credible news outlets
Story
Trump Considers 10% Tariff on China Over Fentanyl Exports, Aiming for February 1
Jan 21, 2025, 11:05 PM
President Donald Trump announced that his administration is discussing the imposition of a 10% tariff on China, with the potential implementation date set for February 1. The proposed tariff is in response to China's alleged export of fentanyl to Mexico and Canada. Trump's comments were made during a press briefing at the White House, where he also mentioned the possibility of tariffs on Mexico and Canada, though these were not detailed in the context of the China tariff discussion.
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Enhancing negotiating leverage • 25%
Other • 25%
Boosting domestic industries • 25%
Mitigating inflation risk • 25%
Fentanyl influx • 25%
Other • 25%
Immigration concerns • 25%
Trade imbalance • 25%
Other • 25%
National Security • 25%
Economic Retaliation • 25%
Intellectual Property • 25%
Immigration policy disagreements • 25%
Other reasons • 25%
Trade imbalance • 25%
Intellectual property issues • 25%
Imposes retaliatory tariffs on U.S. goods • 25%
Other strategic economic measures • 25%
Increases domestic subsidies to affected sectors • 25%
Negotiates a trade deal with the U.S. • 25%
Retaliatory tariffs • 25%
Negotiation and diplomacy • 25%
Currency devaluation • 25%
Export subsidies • 25%
Other Action Taken • 25%
10% Tariff Imposed • 25%
Tariff Delayed • 25%
Tariff Canceled • 25%
No significant response • 25%
Other • 25%
Diplomatic negotiations • 25%
Retaliatory tariffs • 25%
Negotiations initiated • 25%
Other measures • 25%
No response • 25%
Retaliatory tariffs • 25%
Tariff Act of 1930 • 25%
IEEPA • 25%
Other • 25%
Trade Expansion Act of 1962 • 25%