Trump Raises Tariffs on China to 20 Percent, Cites Fentanyl Trafficking
The president also cited allegations of China devaluing its currency as a reason for considering more tariffs.
By Jacob Burg
3/3/2025 Updated: 3/3/2025
President Donald Trump signed an executive order on March 3 raising tariffs on Chinese imports to 20 percent, blaming the regime for fentanyl trafficking into the United States.
“I have determined that the PRC [People’s Republic of China] has not taken adequate steps to alleviate the illicit drug crisis through cooperative enforcement actions and that the crisis described in [this order] has not abated,” the executive order states.
Trump originally imposed additional 10 percent tariffs on existing Chinese import taxes, many of which were enacted during his first term and carried over into the Biden administration.
The president’s 25 percent tariffs on Mexico and Canada are also set to resume on March 4.
Trump announced the new Chinese tariffs during a press conference unveiling a $100 billion partnership with Taiwan Semiconductor Manufacturing Company (TSMC).
“Vast amounts of fentanyl have poured into our country from Mexico, and as you know, also from China, where it goes to Mexico and goes to Canada,” Trump said.
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READ MORE: https://www.theepochtimes.com/us/trump-raises-tariffs-on-china-to-20-percent-cites-fentanyl-trafficking-5819323?ea_src=frontpage&ea_cnt=a&ea_med=top-news-2-top-stories-0-title-0
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