Trump Holds Off on Immediate China Tariffs, Calls for Study (3)

Jan. 21, 2025, 1:22 AM UTC

President Donald Trump held off unveiling China-specific tariffs on his first day in office, instead ordering his administration to address unfair trade practices globally and investigate whether Beijing had complied with a deal signed during his first term.

The moves — detailed in a fact sheet that is not yet public — are aimed at “reversing the destructive impact of globalist, America last trade policy,” according to a copy seen by Bloomberg News. The fact sheet also called for key federal agencies to address currency manipulation by other countries.

WATCH: President Trump held off on any new tariffs against China. Source: Bloomberg

“This action underscores the administration’s dedication to ...

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