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.

U.S. President Donald Trumpon Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.