US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
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.
Markets were cautiously optimistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
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.
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.
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.
But don’t be misled by the aggrieved tone of this commentary. China’s leaders must be quietly satisfied with Mr Trump’s start. The new president did not impose fresh tariffs on day one, as some in Beijing had feared. China’s currency did not weaken. And though the Chinese stockmarket wobbled, it did not plunge.
WASHINGTON — With less than 24 hours before United States President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.
WASHINGTON – U.S. President Donald Trump on Thursday said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to impose on Saturday on the countries’ products.
ROGER W. FERGUSON, JR., is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations.