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Analysis Trump’s Tariff Threats Spark Fears of Trade War The new U.S. president is taking an aggressive economic strategy during his first days in office. An illustration of Alexandra Sharp, World Brief newsletter writer Alexandra Sharp By Alexandra Sharp , the World Brief writer at Foreign Policy . U.S. President Donald Trump is seen in front of a microphone at a podium as he takes a question from a reporter at the White House. Trump wears a navy blue suit and red tie. U.S. President Donald Trump takes a question from a reporter during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21. Andrew Harnik/Getty Images My FP: Follow topics and authors to get straight to what you like. Exclusively for FP subscribers. Subscribe Now | Log In Economics United States January 22, 2025, 7:00 PM Comment icon View Comments ( 0 ) Fear of another trade war during U.S. President Donald Trump’s second term has many on edge. Trump’s Second Term Ongoing reports and analysis On Tuesday, Trump announced that he was considering a 10 percent duty on all Chinese imports, beginning next month, to punish Beijing for allowing the flow of opiate fentanyl into Mexico and Canada. These come in addition to his threats of 25 percent tariffs on Washington’s North American neighbors, starting Feb. 1, that would also be aimed at combating fentanyl trafficking as well as curbing undocumented migration. Fear of another trade war during U.S. President Donald Trump’s second term has many on edge. Trending Articles Is Turkey Breaking Its Own Oil Embargo? As Erdogan champions the Palestinian cause, evidence suggests that his regime is facilitating support for Israel. Powered By Advertisement Is Turkey Breaking Its Own Oil Embargo? X Trump’s Second Term Ongoing reports and analysis On Tuesday, Trump announced that he was considering a 10 percent duty on all Chinese imports, beginning next month, to punish Beijing for allowing the flow of opiate fentanyl into Mexico and Canada. These come in addition to his threats of 25 percent tariffs on Washington’s North American neighbors, starting Feb. 1, that would also be aimed at combating fentanyl trafficking as well as curbing undocumented migration. “We always believe that there is no winner in a trade war or tariff war,” Chinese Foreign Ministry spokesperson Mao Ning warned Trump on Wednesday. The president has indicated that cracking down on trade that does not benefit his America First strategy will be a top priority for his new administration. For more on Trump’s tariff policies, check out FP’s newsletter World Brief . This post is part of FP’s ongoing coverage of the Trump administration . Follow along here . My FP: Follow topics and authors to get straight to what you like. Exclusively for FP subscribers. Subscribe Now | Log In Economics United States Alexandra Sharp is the World Brief writer at Foreign Policy . X: @AlexandraSSharp Read More On Donald Trump | Economics | Trade Policy & Agreements | United States Join the Conversation Commenting on this and other recent articles is just one benefit of a Foreign Policy subscription. Already a subscriber? Log In . Subscribe Subscribe View 0 Comments Join the Conversation Join the conversation on this and other recent Foreign Policy articles when you subscribe now. Subscribe Subscribe Not your account? Log out View 0 Comments Join the Conversation Please follow our comment guidelines , stay on topic, and be civil, courteous, and respectful of others’ beliefs. You are commenting as . Change your username | Log out Change your username: Username I agree to abide by FP’s comment guidelines . (Required) Confirm CANCEL Confirm your username to get started. The default username below has been generated using the first name and last initial on your FP subscriber account. Usernames may be updated at any time and must not contain inappropriate or offensive language. Username I agree to abide by FP’s comment guidelines . (Required) Confirm
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