US President Donald Trump on Tuesday said his team is discussing imposing a 10 per cent tariff on China starting February 1 based on the fact that the latter is sending fentanyl to Mexico and Canada. "We`re talking about a tariff of 10 per cent on China based on the fact that they`re sending fentanyl to Mexico and Canada," Trump told reporters at a joint news conference at the White House along with Oracle CTO Larry Ellison, Softbank CEO Masayoshi Son, and Open AI CEO Sam Altman.

In response to a question, Trump said he is looking at February 1 as the date for the tariffs. "For Mexico and China, we`re talking about approximately 25 per cent (tariff)," the president said. Responding to another query, Trump said he did not "talk too much about tariffs" when he spoke with Chinese President Xi Jinping last week.