Politics
Trump considers 10% tariff hike on imports from China
WASHINGTON President Donald Trump said he was considering imposing additional 10% tariffs on China, as he upped the ante on the US competitor and pushed Beijing to crack down on production and distribution of fentanyl.
On his first full day in office, Trump said he was also considering Feb. 1 the 25 percent tariffs he plans to impose on imports from Canada and Mexico. He indicated Tuesday evening that he might also impose tariffs on products from China, as he answered questions from reporters at the White House for the second evening in a row.
“We're talking about a 10 percent tariff on China, based on the fact that they're sending fentanyl to Mexico and Canada,” Trump said from the Roosevelt Room. “February 1 is probably the date we’re looking at.”
The tax Trump says he is currently considering for China is lower than the 60% tariffs he threatened to impose on Beijing last year, but it is in line with the 10% tax he engaged as president-elect. The move followed a call Trump had with Chinese President Xi Jinping days before he took office. Trump said in a post on social media back when leaders discussed fentanyl, TikTok and trade.
He told reporters Tuesday night, after an announcement about AI infrastructure, that he had spoken to mothers who had lost children to fentanyl poisoning.
“And I had this conversation with President Xi the other day also about China. I said, 'We don't want this bullshit in our country. We have to stop it,'” Trump said. “I would have stopped him.”
Trump said that during their call, he and Xi also discussed the war between Russia and Ukraine.
The Chinese Embassy in Washington did not immediately respond to a request for comment. In a response sent after this article was first published, embassy spokesperson Liu Pengyu backtracked.
“We believe that there is no winner in a trade or tariff war, and we firmly defend our national interests. We are ready to maintain communication with the United States, properly handle disputes, expand the mutually beneficial cooperation and pursue the country's steady, healthy and sustainable development. China-US relations will also firmly uphold each other's interests,” Liu said in an emailed statement.
On TikTok:Trump speaks with China's Xi Jinping hours before Supreme Court ruling
Trump imposed tariffs on China during his first term, which former President Joe Biden assessed and chose to maintain and selectively increase.
The largest US trade deficit in 2023 was with China and amounted to $279.4 billion, according to the US Bureau of Economic Analysis.
Experts say the tariffs could be passed on to consumers, prompting rapid retaliation and fall short of returns that Trump is considering. However, the new president has indicated that he plans to use tariffs as a negotiating tactic to get other countries to change their behavior.
(This story has been updated to add new information.)
|
Sources 2/ https://www.usatoday.com/story/news/politics/elections/2025/01/21/donald-trump-tariff-hike-china-warning/77557039007/ The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
 |
 |
 |
