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The Fox News Rundown

Rising Trade Tensions And Your Grocery Bill

Feb 5, 2025
32:23

President Donald Trump imposed ten percent tariffs on Chinese imports earlier this week, just a day after the tariffs on Canada and Mexico were put on a 30-day pause. The White House says the tariffs are punishing China for allowing fentanyl into the United States. Former US Ambassador to the United Nations Agencies for Food and Agriculture, Kip Tom, joins to share why farmers like him will benefit from the tariffs and what it will mean for the economy.


Fentanyl is now considered the deadliest drug in American history, and President Trump’s administration has levied tariffs on China in an effort to end ‘the mass invasion of fentanyl in our country.’ Calling it a “national emergency,” the Trump administration says Chinese manufacturers are knowingly selling chemicals to further fentanyl production at our borders. New York City Special Narcotics prosecutor Bridget Brennan explains how chemical sales from China circumvent the legal system and worsen the fentanyl crisis. Later, she explains the role of social media and the border play in the nation’s illegal drug trade.


Plus, commentary by a former U.S. Secretary of Energy, Rick Perry.


Photo Credit: AP

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