crazy!Trump announced: Starting from March 4, tariffs on China will be increased by another 10%!
- Author:weiyun.com
- Source:weiyun.com
- Release Date:2025-03-03
On February 27, local time, US President Trump announced that he proposed the tariffs imposed on Mexico and Canada will take effect as scheduled on March 4, and the tariffs on Chinese goods will also increase by an additional 10% on the same day.
This means that after Trump took office, the United States once again wielded the tariff stick against China, with the 10% tariff that had taken effect at the beginning of this month. If Trump implements the above statement, by March 4, the Trump administration's additional tariffs on China will reach 20%.
Why did the lion suddenly speak up again?The reason Trump gave is: drugs.Trump posted on social media on the same day that the number of drugs pouring into the United States from Canada and Mexico was "unacceptable", with a large part of them being the deadly opioid fentanyl, "and provided by China", with more than 100,000 people dying from these drugs last year.
Previously, on February 1, Trump signed an executive order, based on the International Emergency Economic Powers Act (IEEPA), and announced that a 10% tariff will be imposed on all goods imported from China on the basis of current relevant taxes.
At that time, Trump also announced that the United States would impose a 25% tariff on goods imported from Mexico and Canada, of which a 10% tariff on energy resources from Canada was imposed, but the implementation was postponed for one month.Subsequently, Trump also announced an additional 25% tariff on all steel and aluminum imported to the United States, and additional tariffs on cars, semiconductors, medicines and wood.
On February 26, Trump said that the US has decided to impose a 25% tariff on the EU and will announce it "soon".On the 25th, Trump also ordered a new investigation into the possible new tariffs on copper imports to rebuild U.S. copper production.
This means that after Trump took office, the United States once again wielded the tariff stick against China, with the 10% tariff that had taken effect at the beginning of this month. If Trump implements the above statement, by March 4, the Trump administration's additional tariffs on China will reach 20%.
Why did the lion suddenly speak up again?The reason Trump gave is: drugs.Trump posted on social media on the same day that the number of drugs pouring into the United States from Canada and Mexico was "unacceptable", with a large part of them being the deadly opioid fentanyl, "and provided by China", with more than 100,000 people dying from these drugs last year.
Previously, on February 1, Trump signed an executive order, based on the International Emergency Economic Powers Act (IEEPA), and announced that a 10% tariff will be imposed on all goods imported from China on the basis of current relevant taxes.
At that time, Trump also announced that the United States would impose a 25% tariff on goods imported from Mexico and Canada, of which a 10% tariff on energy resources from Canada was imposed, but the implementation was postponed for one month.Subsequently, Trump also announced an additional 25% tariff on all steel and aluminum imported to the United States, and additional tariffs on cars, semiconductors, medicines and wood.
On February 26, Trump said that the US has decided to impose a 25% tariff on the EU and will announce it "soon".On the 25th, Trump also ordered a new investigation into the possible new tariffs on copper imports to rebuild U.S. copper production.