President-elect Donald Trump plans to impose an additional 10% tariff on all Chinese goods entering the U.S. starting on January 20, alongside a 25% tariff on products from Mexico and Canada. Trump cited illegal immigration and fentanyl trafficking as key reasons for the tariffs. China's embassy criticized the move, emphasizing the benefits of bilateral trade cooperation. Experts predict China will take measures like cutting rates and increasing fiscal stimulus in response to the tariffs.
