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Trump tariffs and the making of a trade war

Hindustan Times Amritsar

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December 20, 2024

Before targeting the US's two neighbours and rival China, Donald Trump should bear in mind that there will be no winners in this war

- Biswajit Dhar

Merely weeks before his inauguration as the United States (US) President for a second term, Donald Trump announced that he would implement his campaign promise of raising tariffs immediately after assuming charge. In two posts on his social media platform Truth Social, Trump stated that he would "sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders". He added, "This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!" Trump also accused Beijing of not taking strong enough action to stop the flow of illicit drugs into the US, stating that the US "will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products" imported by the US.

Through these announcements, the president-elect targeted two sets of problems affecting the US he has consistently highlighted - the flow of illegal migrants and the opioid crisis. The former issue was among the central planks of Trump's election campaign, while the latter was also given considerable space. Over the past several years, the opioid crisis emerged as a major problem for the US due to a steep rise in the number of deaths from drug overdose, according to the US Drug Enforcement Administration. Synthetic opioids, including fentanyl illegally produced in China, contributed to the spurt in opioid deaths over the past decade.

MEER VERHALEN VAN Hindustan Times Amritsar

Hindustan Times Amritsar

Tan handed win after Hewson implodes on 18th

Singapore's Shannon Tan prevailed in the dramatic last stages after Alice Hewson of England faltered at the cusp of glory to win the $500,000 Hero ‘Women's Indian Open by one shot at the DLF Golf and Country Club here on Sunday. By virtue of her win, Tan, who was tied second at this tournament last year, also topped the Ladies European Tour (LET) Order of Merit.

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Hindustan Times Amritsar

Hindustan Times Amritsar

Healy masterclass trumps India’s opening statement

The Aussie skipper hits 142, the highest score in this World Cup, to help holders chase India’s 330 with three wickets in hand

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1,040 Maoists surrendered in 2025, says police data

Over 1,000 Maoists have surrendered in Chhattisgarh in 2025 so far—the highest ever in a single year, as security forces intensify efforts to eliminate Left Wing Extremism (LWE) ahead of the Centre's proposed deadline of March 31, 2026.

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MoS to represent India at Gaza summit in Egypt

Minister of state for external affairs Kirti Vardhan Singh will represent India at an international peace summit being hosted by Egypt on Monday that is focused on ending the war in the Gaza Strip and bolstering efforts to bring peace and stability to West Asia.

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In Bihar, the INDIA bloc fights a perception battle

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Hindustan Times Amritsar

Hindustan Times Amritsar

A Kuldeep paradox that often stumps the Indian think tank

The left-arm wrist spinner takes 5/82 in the Delhi Test after not getting a game in the England series

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'Hamas group will not take part in post-war governance of Gaza'

A Hamas source close to the group's negotiating committee said on Sunday that it will not participate in postwar Gaza governance, as world leaders prepare to converge on Egypt for a Gaza peace summit.

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The recipe of trumping odds: The RSS playbook

I have been watching the Rashtriya Swayamsevak Sangh (RSS) — in its 10Ist year now — for more than 50 years. An obvious curiosity arises about the secret of its success.

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Hindustan Times Amritsar

Locals flag rapidly shrinking glaciers in Bhagirathi region

It is a clear October day, high up near the glaciated regions of Bhagirathi eco-sensitive zone.

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Hindustan Times Amritsar

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PM chairs key BJP leaders’ meet for Ist candidate list

Prime Minister Narendra Modi on Sunday evening chaired a meeting of the central election committee of the Bharatiya Janata Party (BJP) to finalise the candidates for the upcoming assembly elections in Bihar. The party is set to release its first list of candidates on Monday.

time to read

2 mins

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