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The tax that Trump says he's looking at now for China is lower than the 60% tariff he threatened to impose on Beijing last year but consistent with the 10% tax he pledged as president-elect.
That ended on Tuesday, as the president revealed he was considering a new 10% tariff on Chinese imports that could come into effect as early as Feb 1. Trump accused China of sending fentanyl to ...
President-elect Donald Trump recently announced a plan to impose 25% tariffs on imports from Canada and Mexico and an additional 10% on Chinese goods as leverage to stem illegal immigration and ...
Vice President Kamala Harris is pushing back on former President Donald Trump's proposal for a 10%-20% tariff on imported goods. At the Democratic National Convention, Harris said his policy would...
Using tariff threats as a diplomatic weapon. Trump said on the campaign trail that he’d put blanket tariffs of 10-20% on every nation, before shifting to a strategy during the transition of ...
The Tax Foundation estimated that the initial 10% tariff on Chinese imports would add $172 to the tax burden per U.S. household. Unlike in Trump's first term, there was no exception for Apple products or other popular consumer goods. [76] The expected impact of the threatened 25% tariffs on Mexican and Canadian goods is much greater.
Vice President Kamala Harris called former President Donald Trump's tariff proposals "a sales tax on the American people," in an interview with MSNBC’s Stephanie Ruhle.
Reciprocal tariffs would be the latest in a spate of import charges Trump has announced in his first few weeks in office. He has placed levies of 10% on China and announced 25% fees on steel and ...