Trump Imposes 10% Tariff on All Chinese Imports

President Trump signed an executive order imposing a 10% tariff on all Chinese goods entering the United States, citing fentanyl precursor trafficking as justification. The order took effect February 4, 2025, covering an estimated $440 billion in annual imports. The move marked the opening salvo of a second-term trade war with China, targeting the same trading partner that faced tariffs during Trump's first term.