💨 Abstract

US President Donald Trump has announced that tariffs on Chinese imports could be implemented as soon as next week, citing the import of fentanyl from China. Trump had initially threatened a 10% tariff on Chinese goods in his first day in office, potentially rising to 60%. Tariff discussions with Chinese President Xi Jinping occurred prior to Trump's return to power, focusing on curbing the flow of fentanyl precursors from China.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖