Trump eyes 10 % tariff on China over fentanyl exports to Mexico, Canada
US President Donald Trump stated that he is considering February 1 as the date to implement the tariffs.
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US President Donald Trump announced on Tuesday his administration is considering imposing a 10 per cent tariff on China starting February 1, citing fentanyl exports to Mexico and Canada as the primary reason.
On Monday, Trump took oath of office as the 47th President of the United stated, succeeding Joe Biden, whose term ended after a contentious election cycle.
"We're talking about a tariff of 10 per cent on China based on the fact that they're sending fentanyl to Mexico and Canada," Trump said at a White House
news conference, joined by Oracle CTO Larry Ellison, Softbank CEO Masayoshi Son, and OpenAI CEO Sam Altman.
Expanding on the topic, Trump stated that for Mexico and China, a 25 per cent tariff is also being considered. The president did not elaborate on specific plans but mentioned that discussions with Chinese President Xi Jinping on the matter were limited.
Tough talk on fentanyl
Responding to a question about China's role in the ongoing war in Ukraine, Trump said, "China has not done very much on that." He added that during a conversation with Xi, he urged the Chinese leader to take action against fentanyl dealers.
"He's got a lot of power. I said you ought to get it settled. I had that talk with President Xi the other day too. I said we don't want that crap in our country. We've got to stop it. I would have stopped it. I had to deal with him where he was going to give the maximum penalty, which in China is death penalty, for drug dealing and he was all set," Trump said.
"He was going to give the maximum penalty to fentanyl dealers if they send (the staff) to the United States. And of course, Biden didn't pick that up. I had that deal all done. It was all wrapped up," he added.
Trump asserted that stricter penalties could have prevented the export of fentanyl, adding that if there were a death penalty, "they wouldn't be sending fentanyl to Mexico, Canada, and other places."
(With Inputs from PTI)
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