Trump promised to add 10% to export duties on goods from China

President-elect Donald Trump said he would impose additional 10% duties on goods from China and 25% duties on all products from Mexico and Canada. This was reported by the Bloomberg news agency on November 25.

In posts on his social media network Truth, Trump said China has failed to fulfill a promise to impose the death penalty on fentanyl traffickers, causing "drugs to flood" into the U.S. - mostly through Mexico - on an unprecedented scale.

"Until they stop, we will charge China an additional duty of 10 percent on top of any additional duties on all of their many products coming into the United States of America," Trump announced.

In another message, the future president also promised to impose a 25% duty on "all products" for Mexico and Canada, saying he would sign an executive order to do so on his first day in office.

Earlier, on November 17, Chinese President Xi Jinping said at a meeting with US President Joe Biden that China is ready to work with the Trump administration. The heads of state met on the sidelines of the annual Asia-Pacific Economic Cooperation (APEC) summit.

Before that, on November 4, Bloomberg reported that American entrepreneur Ilon Musk could become a key mediator between Washington and Beijing if Trump wins. It is in the PRC that half of all Tesla cars are manufactured. Beijing grants the company certain freedoms and incentives to operate in China. For business benefit, Musk has expressed his opposition to US duties on Chinese electric cars, in contrast to Trump's position of wanting to impose a 60% tariff on all goods from China.