The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.

Mexico has supplanted China as the main source of goods, but imports keep climbing.

BEIJING, Nov 27 (Reuters) - China's state media warned U.S. President-elect Donald Trump his pledge to slap additional tariffs on Chinese goods over fentanyl flows could drag the world's top two economies into a mutually destructive tariff war.

Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.

The tariffs, if implemented, could dramatically raise prices for American consumers on everything from gas to automobiles to agricultural products.

President-elect Donald Trump’s pick for the top trade position sees China as a “generational challenge” to the US and has advocated for a strategic decoupling from the country.

American drone maker Skydio, a key supplier to the U.S. military, faced a major setback when Chinese sanctions cut off its battery supply. This action, occurring just before the U.S. presidential election,

By bno - Taipei Office China has responded defiantly to US President-elect Donald Trump’s pledge to impose additional tariffs on Chinese imports, accusing him of using the fentanyl crisis as a pretext for trade escalation.

Donald Trump has already begun to ramp up threats of a trade war, with a vow to enact sharp new tariffs across the board on imports from Mexico, Canada, and China to strong-arm them into stopping the flow of drugs and migrants.