Trump Considers 10% Tariff on China Imports Over Fentanyl Issue Starting February 1
Jan 22, 2025, 12:14 AM
U.S. President Donald Trump has announced that his administration is considering imposing a 10% tariff on imports from China, with a potential start date of February 1. This move is in response to China's alleged role in sending fentanyl to Mexico and Canada, which Trump claims ultimately affects the U.S. Trump made these remarks during a press conference at the White House, where he also mentioned the possibility of a 25% tariff on Mexico and Canada starting on the same date, citing concerns over migration and drug trafficking.
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Markets
No • 50%
Yes • 50%
Official announcement from the Chinese government or customs data
No • 50%
Yes • 50%
Official announcement from the U.S. government or customs data
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Official announcements from the governments of Mexico and Canada