US President Donald Trump has signed an order to increase tariffs on Chinese imports from 10 percent to 20 percent, citing China’s failure to address the illicit fentanyl trade as the rationale. This decision reflects Trump’s prior commitment to impose higher tariffs on China. The announcement was made through a White House social media post.
Washington:
The White House announced on Monday that US President Donald Trump has signed a directive to increase tariffs on Chinese imports, pointing to Beijing’s inability to address the illegal fentanyl trade.
This directive elevates the previously applied 10 percent tariff on Chinese goods to 20 percent, fulfilling a promise made by Trump, as stated in a post on the White House’s social media channels.
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