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President Trump Announces Additional 10% Tariff on China

President Donald Trump dropped a bombshell today, February 27, 2025, revealing plans to slap an extra 10% tariff on all Chinese goods coming into the U.S., piling onto existing levies.

Trump’s tying this move to his long-standing gripes about China’s role in the fentanyl crisis, accusing Beijing of funneling the deadly opioid through Mexico and Canada into the States. It’s a page from his campaign playbook—back in November 2024, he’d promised to hammer China, Canada, and Mexico with tariffs to choke off drugs and illegal immigration. The China tariff kicks in on March 4, alongside delayed 25% duties on Canada and Mexico, which got a 30-day reprieve after last-minute talks.

The White House says this is all about leverage—hitting China where it hurts to force action on fentanyl and trade imbalances. But Beijing’s not taking it lying down. They’ve already fired back with their own tariffs—15% on U.S. coal and liquefied natural gas, 10% on crude oil and farm gear—set to start Monday. Plus, they’ve opened an antitrust probe into Google and tightened export controls on rare minerals, flexing their own muscle.

This isn’t Trump’s first tariff rodeo with China. During his first term, he tagged over $300 billion in Chinese imports with duties, a policy Joe Biden mostly kept in place. Now, this new 10% layer could jack up costs on everything from electronics to clothes—some $450 billion worth of goods Americans buy yearly. Economists are waving red flags, saying U.S. consumers will feel the pinch, though Trump’s betting the “America First” payoff will be worth it. For now, it’s a high-stakes gamble, with markets jittery and a Trump-Xi call still up in the air.