💨 Abstract

President Donald Trump has announced plans to impose a 10% tariff on goods imported from China starting Feb. 1, citing concerns over fentanyl trafficking. He also threatened tariffs on the European Union due to perceived trade imbalances, stating that they are "very, very bad" to the U.S. These comments were made at the White House, where Trump also mentioned imposing large tariffs on China during his first term.

Courtesy: theprint.in