
- On Tuesday evening, President Donald Trump said his team was talking about a 10% tariff on China.
- He said the duty could take effect as early as Feb. 1.
- During his campaign for president in 2024, Trump called for levies upward of 60% on China.
President Donald Trump said that his team was discussing a 10% tariff on China and that the duty could take effect as early as Feb. 1.
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"We're talking about a tariff of 10% on China based on the fact that they're sending fentanyl to Mexico and Canada," the president said, speaking to reporters at the White House on Tuesday evening.
"Probably Feb. 1 is the date we're looking at," he added.
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Trump also noted on Tuesday that his team is talking about a tariff of "approximately 25%" on Mexico and China.
The president's latest comments come a day after he said he was thinking of on Mexico and China as early as February.
"We're thinking in terms of 25% (levies) on Mexico and Canada, because they're allowing a vast number of people" over the border, he said on Monday.
Money Report
While campaigning in 2024, Trump had threatened imposing tariffs on Chinese goods. As recently as November, he called for "" on China, according to a post .