President Trump is considering a 10% tariff on Chinese goods, citing fentanyl issues. He labeled China an “abuser,” while China warned trade wars have “no winners.” This tariff is less than the 60% he previously mentioned. Trump also threatened tariffs on the EU, accusing them of unfair treatment. China’s foreign ministry vowed to protect its interests. Meanwhile, a Chinese official criticized protectionism at the World Economic Forum. Trump has ordered a review of trade deals to identify unfair practices.