Donald Trump may not target China soon with tariffs. What does it mean for India?
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His administration ordered an investigation into whether China had adhered to the trade deal signed during his first term. The move signals a shift from his previous rhetoric about targeting China with aggressive tariffs.
According to a fact sheet seen by Bloomberg News, the Trump administration plans to address unfair trade practices and currency manipulation by other countries while aiming to strengthen the U.S. industrial base.
During a press conference on Monday, Trump discussed potential tariffs but did not set a clear timeline.
He did express frustration with China's role in exporting fentanyl precursor chemicals and its influence over the Panama Canal, stating, «We’re not going to allow that to happen.»
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