• 14
  • 3
  • Favorite

Trump Vows to Hit EU with Tariffs, Eyes 10% Tariff on China on Feb. 1

Reuters01-22 08:33

U.S. President Donald Trump vowed to hit the European Union with tariffs and said his administration was discussing imposing a 10% tariff on goods imported from China on Feb. 1 because fentanyl is being sent from China to Mexico and Canada.

Trump, speaking to reporters at the White House, said he had already imposed large tariffs on China during his first term. He said the European Union and others also had troubling trade imbalances with the United States.

"The European Union is very, very bad to us," he said, repeating comments made Monday. "So they're going to be in for tariffs. It's the only way ... you're going to get fairness."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment3

  • 7 percent
    ·01-22 08:52
    Inflation here we come!
    Reply
    Report
  • neo26000
    ·01-22 08:49
    America has already done more than enough for the world—whether it’s in Korea, Vietnam, Iraq, or Afghanistan. Some countries need to start taking responsibility for themselves instead of constantly relying on "big brother." Enough is enough. Trump is right to prioritize America first.
    Reply
    Report
  • setia100
    ·01-22 08:43
    US consumers will have to accept it. If not, they will go for Zero Purchase to serve their needs 😂
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial