Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1

President Trump announced on Tuesday his plan to impose a 10 percent tariff on Chinese imports starting Feb. 1, citing China’s role in the fentanyl crisis as the reason behind the decision. This move is expected to escalate trade tensions between the two largest economies in the world. The President also threatened to impose a 25 percent duty on imports from Canada and Mexico for allegedly allowing fentanyl and illegal immigrants to enter the United States.

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