Donald Trump, Russia and Tariff
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Trump, Tariffs
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U.S. President Donald Trump said on Wednesday that he thinks China will soon sentence people to death for fentanyl manufacturing and distribution, as he offered fresh optimism about the prospects of a deal with Beijing on illicit drugs.
Donald Trump also signed a legislation to amend the Controlled Substances Act regarding the scheduling of fentanyl-related substances.
Less than half of Trump 2024 voters, 46%, said they would support tariffs on China — one of America’s biggest trading partners — even if they lead to rising prices domestically. Around a third, 32%, said they would only support tariffs if they do not increase prices.
U.S. President Donald Trump said on Wednesday that he thinks China will begin sentencing people to death for fentanyl manufacturing and distribution.
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
U.S. retailers and other importers that had largely halted shipments in May due to tariffs, resumed imports from China in June, amid truce.
From China generating power from ‘sea of death’ to how US president’s tariffs may pay for his bill, here’s a round-up from today’s coverage.
Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit.