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US President Donald Trump has relaunched the trade war with China, by threatening to impose a 10 per cent duty on imports from Beijing, AFP reported. In his second term, Donald Trump has hinted of imposing a 10% tariff on imports of Chinese-made goods from February 1.
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On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
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Trump holds off on immediate China tariffs, could enact 25% tariffs on Canada, Mexico on Feb 1
Tariffs for Mexico and Canada taking shape for Feb. 1
The reports from the secretaries of commerce and treasury and the chief trade negotiator are due April 1. The United States might impose “tariffs of 25, 30, 40, 50 percent, even 100 percent” on Chinese goods if Beijing balks at a potential resolution of U.S. concerns over TikTok’s Chinese ownership, Trump said.
Metals fall amid tariffs warning for Canada, Mexico
Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
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.
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
The memo will single out China, Canada and Mexico for scrutiny but will not announce new tariffs, the official said. It will direct agencies to assess Beijing's compliance with its 2020 trade deal with the U.S., as well as the status of the U.S.-Mexico ...
A winning strategy for Trump could involve imposing early punitive tariffs on Chinese imports and even on imports from Chinese firms operating in neighboring countries such as Mexico.
U.S. stock futures steadied, the dollar ticked higher and tech stocks in Asia slid on Tuesday following a wave of selling as apparent advances by a Chinese AI startup cast doubt on U.S. dominance and spending in one of the market's hottest sectors.
It is now a weapon being used against us.” Trump’s skepticism about U.S. support for Ukraine and Taiwan, his eagerness to impose tariffs, and his threats to retake the Panama Canal, absorb Canada, and acquire Greenland make it clear that he envisions a return to nineteenth-century power politics and spheres of interest,
Roger W. Ferguson, Jr., is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations.
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