U.S. President Donald Trump has announced plans to impose new tariffs on imports from the European Union and China. Speaking to reporters at the White House, Trump stated that his administration is considering a 10% tariff on Chinese goods starting February 1, citing concerns over fentanyl shipments allegedly originating from China to Mexico and Canada. He emphasized that significant tariffs were already imposed on China during his first term.
Trump also criticized the European Union, calling it “very, very bad” for the United States due to a persistent trade imbalance. He reiterated that tariffs are the only way to achieve “fairness” in trade relations, signaling forthcoming actions against the EU. These comments reflect his “America First” policy, aimed at protecting U.S. industries and addressing trade deficits with major global economies.
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