On the campaign trail, Mr Trump promised a 10 per cent to 20 per cent charge on all imported goods and 60 per cent on Chinese products. He also vowed a 25 per cent tariff on all products from Canada and Mexico, and an additional 10 per cent duty on Chinese goods.
President Donald Trump indicated that he wanted to have more talks with Chinese President Xi Jinping before deciding when to move forward with tariffs
President Trump announced discussions on a 10% tariff on China starting February 1, citing fentanyl shipments to Mexico and Canada as a reason.
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
Nio Inc. (NYSE:NIO), and Xpeng Inc. (NYSE:XPEV) rose as much as 3.2% in premarket trading on Friday after President Donald Trump said in an interview with Fox News that he would rather not use tariffs against China.
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
Much has been made of the impending trade war between the United States and China, but the mercurial Trump might surprise us all.
On the very first full day of his second presidency, Mr Trump said the tariffs on China were still on the table in his remarks to reporters at the White House on Tuesday. The remarks came even after Mr Trump refrained from mentioning China from the countries he was looking to target immediately.
Donald Trump has not yet given any indication that he’ll impose a universal tariff on Day One as part of his blizzard of executive orders.
President Donald Trump could take a slower, more deliberate process in establishing tariffs after promising for months that trade partners would be hit with significant tariffs on his first day in office.
Trump considers imposing 10% tariff on China due to fentanyl exports to Mexico and Canada, effective February 1.
President-elect Donald Trump revealed he had a “good” phone call with Chinese President Xi Jinping. REUTERS He also threatened 25% tariffs on Canada and Mexico if they don’t cooperate with ...