Trump says he's considering a 10% tariff on China beginning as soon as Feb. 1 (1 Viewer)

[Darla Mercado, CFP®,CNBC]

President Donald Trump said that his team was discussing a 10% tariff on China and that the duty could take effect as early as Feb. 1.

"We're talking about a tariff of 10% on China based on the fact that they're sending fentanyl to Mexico and Canada," the president said, speaking to reporters at the White House on Tuesday evening.

"Probably Feb. 1 is the date we're looking at," he added.

Trump also noted on Tuesday that his team is talking about a tariff of "approximately 25%" on Mexico and China.

The president's latest comments come a day after...

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