President Donald Trump plans to impose tariffs on Canada and Mexico starting Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. In a Truth Social post Thursday, Trump said illicit drugs such as fentanyl are being smuggled into the United States at “unacceptable levels" and that import taxes would force other countries to crack down on the trafficking.
Spokane Police Chief Kevin Hall told the U.S. Senate on Wednesday that the economic toll of fentanyl is staggering as China smuggles precursors into Mexico for the cartels to ship north. His testimony followed a news release Tuesday from the Centers for Disease Control and Prevention,
President Donald Trump says he plans implement new tariffs on China and Mexico next week. According to the president's post on TruthSocial, it's in response to the ongoing drug crisis, particularly the influx of fentanyl,
U.S. President Donald Trump announced new tariffs on Mexican, Canadian, and Chinese imports, citing ongoing fentanyl smuggling. Starting March 4, a 25% tariff will apply to Mexican and Canadian goods,
Beijing strongly opposed President Donald Trumps plan to impose an additional 10% tariff on Chinese imports, accusing the U.S. of shifting blame over fentanyl and warning of retaliation. Chinas Commerce Ministry
China opposes accusations and the shifting of responsibility on the issue of fentanyl-related substances, according to an official white paper released on Tuesday, Xinhua reported.
President Donald Trump imposed the tariffs, citing the need to curb the flow of the deadly opioid fentanyl into the U.S.
Even Pay, an agriculture analyst at policy research consultancy firm Trivium China, told Reuters: "It's notable that Beijing's response is restrained. Trump has now imposed a total of 20 percent tariffs on all Chinese products. China's tariffs impact a limited number of U.S. products and remain below the 20 percent level.
BEIJING -- China's State Council Information Office on Tuesday released a white paper, titled "Controlling Fentanyl-Related Substances -- China's Contribution," highlighting the country's rigorous control over the chemicals.
China will impose additional tariffs of up to 15% on some U.S. goods, its government said, while Canada vowed tariffs of up to 25% after new U.S. tariffs on both countries took effect.
President Trump has doubled tariffs on China to 20% and confirmed 25% duties on imports from Mexico and Canada, citing fentanyl trafficking and trade imbalances.