US President Donald Trump has announced renewed tariff threats against the European Union (EU) and China, citing trade imbalances and the fentanyl crisis as primary drivers. Speaking at the White House on Wednesday (January 22),
President Trump vowed on Tuesday to hit the European Union with tariffs and warned that a 10% duty on Chinese imports could also come by February 1 because fentanyl is being sent from China to the U.S.
Moreover, in a Washington press conference held on Tuesday, Trump promised to put tariffs on the European Union as well. He said, "China is an abuser, but the
President Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China ...
President Donald Trump has vowed to impose tariffs on the European Union and initiate a 10% tariff on Chinese imports due to fentanyl concerns, stating it's essential for trade fairness. He reiterated past grievances about trade imbalances while highlighting previous tariffs on China during his first term.
China on Wednesday vowed to defend its "national interests" against tariff threats from US President Donald Trump after warned he could impose a 10% duty on imports from the country by the end of next week.
"The European Union is very, very bad to us," says US President Donald Trump, threatening tariffs against the bloc, as well as China, which he accuses of "sending fentanyl to Mexico and Canada". Speaking at the White House on the first full day of his second term in office,
Donald Trump, the president-elect of the United States, finally picked up the phone to talk with China’s President Xi Jinping on Friday, their first direct
The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.
American consumers will soon be paying more, economists predict in response to Trump's new proposed tariffs on goods from China, Mexico, and Canada.
Business Secretary Jonathan Reynolds says there is no need for tariffs because the US has no goods trade deficit with the UK.
As the tariff threats unfold, Kevin Hebner, Global Market Strategist with TD Epoch, breaks down why Trump believes tariffs are the way to restructure the global economy to favour the US.