US President Donald Trump escalated his trade rhetoric on Tuesday, promising tariffs against the European Union (EU) and reiterating his intention to impose a 10% duty on Chinese imports. These threats come just a day after his inauguration.

U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.

WASHINGTON : US President Donald Trump yesterday vowed to hit the EU with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the US via Mexico and Canada.