Donald Trump Tariffs China: Giving a big blow to China, US President Donald Trump said on Tuesday that our team is considering imposing 10 percent tariff on China from February 1. Now angry China’s reaction on this issue has come to light. China’s Foreign Ministry spokesman said, ‘We will do anything to protect national interests.’
There are no winners in trade wars and tariff wars.
Chinese Foreign Ministry spokesman Mao Ning said, ‘We have always believed that there is no winner in a trade war and a tariff war. We will do anything to save ourselves. China is America’s second largest trading partner. Trump said the decision to impose tariffs on China would depend on whether it was sending fentanyl to Mexico and Canada. Fentanyl is a drug that is 50 times more powerful and addictive than heroin.
Preparation to impose tariff on China from February 1
Trump made the decision at a joint press conference at the White House with Oracle Chief Technology Officer (CTO) Larry Ellison, SoftBank Chief Executive Officer (CEO) Masayoshi Son and Open AI CEO Sam Altman. In response to a question, Trump said that our government is considering implementing tariffs from February 1, 2025.
Trump’s meeting with Xi Jinping
The US President said that we are talking about imposing 25 percent tariff on Mexico and China. “When I spoke to the Chinese president last week, I didn’t talk much about tariffs,” Trump said. When he was asked whether he had asked Xi Jinping to intervene to stop the war in Ukraine? In response, Trump said that China has not done much in this regard.
