The Trump admin is to remedy unfair global trade with reciprocal tariffs as Trump sets to sign an EO that raises U.S. tariffs to rates matching other countries.
India’s PM Modi is set to meet with Trump in Washington on Feb. 12–13. Analysts expect that tariffs and China will be central to the meeting’s discussions.
Peter Navarro, WH senior counselor for trade and manufacturing, defended Trump admin’s use of tariffs on Mexico, Canada, and China to curb flow of fentanyl into US.
The 10 percent tariffs ordered by Trump on all goods imported from China went into effect, with Beijing responding with counter-tariffs on the same day.
Trump and Mexican President Sheinbaum announced they reached a deal to delay 25% U.S. tariffs on Mexican goods that were due to take effect Feb. 4, 2025.
