Trump says new 10% tariff on China could come by Feb. 1, repeating November pledge
Markets were cautiously optimistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
![Trump says new 10% tariff on China could come by Feb. 1, repeating November pledge](https://fortune.com/img-assets/wp-content/uploads/2025/01/GettyImages-2194586669-e1737519546834.jpg?w=2048#)
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