Trump Expands Tariff Threats to Include China and Europe

Reported about 8 hours ago

On his second day back in office, President Trump broadened his tariff threats to China and the European Union, following similar warnings to Canada and Mexico. He announced plans for a potential 10% tariff on China linked to fentanyl shipments, while also emphasizing the EU's trade practices. Despite expressing interest in negotiations, Trump's comments led to market volatility as China reaffirmed its opposition to tariffs. His administration is likely laying the groundwork for future trade actions.

Source: YAHOO

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