Trump Threatens 10% Tariff on China
January 22, 2025
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0:24Now PlayingTrump Threatens 10% Tariff on China
YouTube Description
as posted by the channelPresident Donald Trump widened his tariff threats to include China and the European Union on his second day back in office after day one saw Canada and Mexico in his sights. #trump #china #tariffs #politics
“We’re talking about a tariff of 10% on China, based on the fact that they’re sending fentanyl to Mexico and Canada,” Trump said during an event at the White House on Tuesday, specifying Feb. 1 as a possible date.
“Other countries are big abusers also, you know it’s not just China,” Trump said. “We have a $350 billion deficit with the European Union. They treat us very very badly, so they’re going to be in for tariffs.”
The threats echo comments made throughout Trump’s campaign for a return to the White House and since his sweeping Nov. 5 victory. But the only actual action taken so far is the call for a review of trade practices that’s due by April 1, potentially giving China and others almost 10 weeks to avert new levies or address his demands.
China’s government reiterated their opposition to tariffs, with Ministry of Foreign Affairs spokeswoman Mao Ning saying Wednesday that there are no winners in a trade war, adding that China would safeguard its national interest.
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