Trump Unleashes New Tariffs on China, Threatening Higher Taxes on Imports Next Week

President Donald Trump warned that tariffs on China are set to come into effect on February 1, with the possibility of even higher taxes on imports as early as next week. The announcement is a significant escalation in the ongoing trade tensions between the US and China. As part of the plan, tariffs will be imposed on an additional $200 billion worth of Chinese goods, building on previous levies already in place.