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Trump tariffs and the making of a trade war

Hindustan Times Gurugram

|

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 Gurugram

Hindustan Times Gurugram

'Early India-EU FTA can aid global stability'

The speedy conclusion of a trade deal between India and the European Union (EU) can make a “big difference” to efforts to stabilise the global economy and strengthen democratic forces, external affairs minister S Jaishankar said on Wednesday.

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1 min

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URMILA'S OTT DEBUT IS ON TRACK

Producer Utpal Acharya sets the record straight on Urmila Matondkar's OTT debut Tiwari, confirming a February 2026 release

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1 min

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4 years on, Lakhimpur Kheri victims await justice as witnesses turn hostile

an SUV, with former Union minister of state for home Ajay Teni’ Mishra’s son Ashish Mishra allegedly in it, mowed down four farmers and a journalist in Uttar Pradesh’s Lakhimpur Kheri district.

time to read

3 mins

October 30, 2025

Hindustan Times Gurugram

SC seeks Centre’s response to challenge to Sonam’s detention

The Supreme Court on Wednesday sought Centre's response to an amended application by the wife of activist Sonam Wangchuk challenging his detention under the stringent National Security Act.

time to read

2 mins

October 30, 2025

Hindustan Times Gurugram

India can provide global stability amid churn: PM

Prime Minister Narendra Modi on Wednesday exhorted global investors to take bets on the Indian shipping sector, saying that ata time when the global seas are rough, India has the capability of becoming the steady power house of the world.

time to read

2 mins

October 30, 2025

Hindustan Times Gurugram

NDMC parking rates doubled from today

NEW DELHI: In view of the worsening air quality in the Capital, the New Delhi Municipal Council (NDMC) on Thursday ordered a doubling of parking fees at sites managed by the civic body across the New Delhi area.

time to read

1 min

October 30, 2025

Hindustan Times Gurugram

Ex-SC judge questions Sanyal’s ‘judiciary biggest hurdle’ remark

Former Supreme Court judge justice Abhay $ Oka on Wednesday questioned the assertion made by Prime Ministers Economic Advisory Council member Sanjeev Sanyal that the judiciary is the “single biggest hurdle” to India becoming a developed nation, maintaining that criticism without concrete examples serves no constructive purpose.

time to read

1 min

October 30, 2025

Hindustan Times Gurugram

‘I want to set my next story in India’

Known for crafting gripping tales of mystery and suspense, writercreator Harlan Coben has built a reputation as one of the most successful storytellers in the thriller genre. With his

time to read

1 min

October 30, 2025

Hindustan Times Gurugram

Etsy names insider Kruti Goyal as new CEO

Online marketplace Etsy named insider Kruti Patel Goyal as its new chief executive officer on Wednesday, succeeding Josh Silverman, who has spent over eight years in the role.

time to read

1 mins

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Being held hostage by hustle culture? Experts share insights

In a world where success comes measured in metrics — followers, funding, fame — slowing down can feel like falling behind.

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2 mins

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