Trump announces 100% tariffs on Chinese goods, rekindling trade war
By yash chouhan 2025-10-11 12:55:18
*Trade war resumes: Trump announces 100% tariffs on Chinese goods; could take effect on or before November 1.*
US President Donald Trump on Friday announced an aditional 100% tariff against China. This decision has escaladted the trade war between the two countries to a new level. This move by the Trump administration will take effect on November 1, 2025, and this 100% tariff will be in addition to the existing tariffs. This means that the US tariffs against China could now reach 140%. Trump made this decision in response to China's new controls on the export of rare earth minerals, which he described as "unprecedented aggression" and a "moral crime."
In a post on his social media platform, Truth Social, Trump said, "China has tried to hold the world hostage. Starting November 1, 2025, the US will impose a 100% tariff on China, which will be in addition to the current tariffs." Additionally, he announced US export controls on "all critical software," which would deal a blow to China in the technology sector. Trump stated that these tariffs could be implemented even before the November 1 deadline if China takes further action.
Earlier in the day, Trump threatened to cancel an upcoming meeting with Chinese President Xi Jinping, which was scheduled to take place before the Asia-Pacific Economic Cooperation (APEC) summit in South Korea. However, speaking to reporters at the White House on Friday evening, Trump said, "We'll see what happens." He didn't indicate a complete cancellation of the meeting, but tensions are evident.
