MoranElkarifNews: Tariffs on imports only way to get fairness, says Trump

The new president accused Beijing of sending fentanyl to Mexico and Canada which ends up in the US. 

Trump considers 10% tariff on China from February

Getty Images US President Donald Trump speaking in the Roosevelt Room of the White House in Washington, DC.Getty Images

US President Donald Trump has said he is considering imposing a 10% tariff on imports of Chinese-made goods as soon as 1 February.

Trump said discussions with his administration were “based on the fact that they’re sending fentanyl to Mexico and Canada.”

It followed threats by Trump to levy import taxes of 25% on Mexico and Canada, accusing them of allowing undocumented migrants and drugs to come into the US.

On his first day in office, the new president also instructed federal agencies to conduct a review of existing trade deals and identify unfair practices by US trading partners.

 

Share this post :

Facebook
Twitter
LinkedIn
Pinterest