President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
Nio Inc. (NYSE:NIO), and Xpeng Inc. (NYSE:XPEV) rose as much as 3.2% in premarket trading on Friday after President Donald Trump said in an interview with Fox News that he would rather not use tariffs against China.
Much has been made of the impending trade war between the United States and China, but the mercurial Trump might surprise us all.
President Trump announced discussions on a 10% tariff on China starting February 1, citing fentanyl shipments to Mexico and Canada as a reason.
Trump has been making certain goodwill gestures, from inviting Chinese President Xi Jinping to his inauguration ceremony to providing a high-level reception to China’s special representative and Vice President Han Zheng through US Vice President JD Vance.
President-elect Trump’s answer to an ‘I gotcha’ question is capturing all of the headlines – his refusal to rule out military force in the Panama Canal – but many in the media are missing
An under cover book review by Jean-Thomas Nicole of The Red Emperor: Xi Jinping and His New China by Michael Sheridan
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
President Donald Trump could take a slower, more deliberate process in establishing tariffs after promising for months that trade partners would be hit with significant tariffs on his first day in office.
The president targeted Europe for trade inequities and encouraged countries across the globe to invest in manufacturing in the U.S.—or face steep duties.