• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsTariffs

Trump says ‘its 10 plus 10’ as he doubles down by imposing another tariff on Chinese imports

By
Stuart Dyos
Stuart Dyos
Weekend News Fellow
Down Arrow Button Icon
By
Stuart Dyos
Stuart Dyos
Weekend News Fellow
Down Arrow Button Icon
February 28, 2025, 4:59 AM ET
President Donald Trump waits outside the White House for French President Emmanuel Macron.
President Donald Trump Tasos Katopodis—Getty Images
  • President Donald Trump says he has not seen progress in slowing the flow of fentanyl. He announced an additional 10% duty on Chinese imports and declared that 25% tariffs on Mexico and Canada will take effect next week.

President Donald Trump plans to impose an additional 10% tariff on imports from China, as the deadly fight against fentanyl has not made substantial strides, he says.

Recommended Video

Trump told reporters in the Oval Office on Thursday that the latest tariffs on China would accumulate on top of the 10% tariff imposed on Feb. 4.

“It’s 10 plus 10,” Trump said in the Oval office. 

Additionally, Trump reaffirmed that he will proceed with 25% tariffs on Canadian and Mexican imports on March 4. 

In early February, Trump suspended the Canada and Mexico tariffs for 30 days to allow the countries to negotiate, but has now said that the two nations haven’t done enough to suppress the drug problem.

Trump was asked if he had seen progress in limiting the spread of fentanyl; he rejected the notion and said, “I don’t see that at all. No, not on drugs.”

In a post on Truth Social, Trump said that the supplemental tariffs on China will go into effect the same day as the tariffs on Mexico and Canada.

This proclamation comes a day after Trump told reporters that the Mexico and Canada tariffs were slated for April 2, but government officials reversed their stance and said a decision had not been made.

“As you know, he has his way of communicating, but as usual, we have a cool head and optimism that we can reach an agreement,” Mexican President Claudia Sheinbaum said in a press conference Thursday. 

The Chinese Embassy did not immediately respond to Fortune’s request for comment. 

According to the Centers for Disease Control, drug overdose deaths declined 24% to 87,000 in the U.S. between October 2023 to September 2024. 
“There are ongoing discussions with the Chinese, Mexico, and Canada,” a White House official said, Reuters reported. “We’ve gotten a good handle on the migration issue, but there are still concerns on the other issue of fentanyl deaths.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Stuart DyosWeekend News Fellow

Stuart Dyos is a weekend news fellow at Fortune, covering breaking news.

See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
1 day ago
placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
2 days ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
1 day ago
placeholder alt text
Success
Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was 'gonna invent a career.' He founded Reddit
By Preston ForeJanuary 31, 2026
1 day ago
placeholder alt text
Big Tech
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to 'cure or prevent all disease'
By Sydney LakeFebruary 1, 2026
11 hours ago
placeholder alt text
Economy
Meet the first CEO of the IRS: A Jamie Dimon protege facing a $5 trillion test this tax season
By Shawn TullyJanuary 31, 2026
1 day ago

Latest in Politics

Politicsgovernment shutdown
Partial government shutdown will extend into the week as House Speaker Johnson says it will be a few days before vote on funding
By Lisa Mascaro and The Associated PressFebruary 1, 2026
2 hours ago
Arts & EntertainmentMovies
‘Melania’ documentary debuts with $7 million in ticket sales after Amazon MGM Studios spent $75 million for rights and marketing
By Jack Coyle and The Associated PressFebruary 1, 2026
2 hours ago
PoliticsICE
France’s Capgemini to sell unit that provides tech services to ICE as backlash against Trump’s immigration crackdown goes global
By The Associated PressFebruary 1, 2026
2 hours ago
PoliticsImmigration
5-year-old Liam Conejo Ramos and father return to Minnesota from ICE facility in Texas after judge’s scathing order demanding release
By Jack Dura and The Associated PressFebruary 1, 2026
2 hours ago
PoliticsImmigration
Trump voter in key swing district is horrified by his immigration crackdown. ‘We’re not a Third World country. What the hell is going on?’
By Nicholas Riccardi and The Associated PressFebruary 1, 2026
6 hours ago
PoliticsElections
Democrat stuns Texas GOP in special election for a state senate district that Trump won by 17 points in 2024, adding to signs of a blue wave
By John Hanna and The Associated PressFebruary 1, 2026
6 hours ago