Trump plans 25% tariff on imports to combat fentanyl trafficking as Musk warns of price hikes

Donald Trump plans to impose a 25% tariff on all imports to the U.S. when he takes office, targeting drug trafficking, especially fentanyl. He also announced a 10% additional tariff on Chinese imports until drug issues are addressed. Elon Musk confirmed that the price of a key product will rise sharply due to Trump's tariff threats. This follows Trump's statement that tariffs will remain until China takes stronger action against the illegal drug trade. Despite Trump's concerns, there has been some progress in curbing the trade of fentanyl precursors from China. The U.S. has been urging China to enforce stricter laws to reduce the flow of fentanyl into the country.