Trump announces extra 100% tariff on China imports, adds export controls on ‘critical software’
- On Thursday, Beijing announced new export restrictions on strategic minerals to protect national security and meet non-proliferation obligations, prompting President Donald Trump to vow strong retaliation and threaten to cancel a planned meeting with Chinese President Xi Jinping at APEC.
- China's Commerce Ministry said the new curbs are intended to protect national security and meet non-proliferation obligations, covering rare earth elements mining, smelting, and magnetic material production.
- Based on the fact that China has taken this unprecedented position, Trump wrote on Truth Social that starting November 1st, 2025, the U.S. will impose a 100% tariff on China.
- Financial markets reacted sharply, with the S&P 500 closing 2.7% lower amid the prospect of renewed confrontation and announced U.S. tariff plans; earlier curbs caused disruption for American firms.
- The escalation threatens to derail planned trade discussions between Trump and Xi later this month, with China's rare earths dominance and the $84 billion to $418 billion US-China trade deficit raising global supply chain risks.
461 Articles
461 Articles
Hong Kong firms urged to find alternatives amid US tariffs, software export controls
Hong Kong businesses have braced themselves for additional US tariffs, but experts urged companies to develop alternative strategies due to proposed export controls on American-made critical software, warning of a “painful” adjustment. Industry figures told the Post on Saturday that US President Donald Trump’s threat to impose an additional 100 per cent tariff on mainland China from November 1 would not significantly impact Hong Kong businesses,…
Trump announces additional tariffs on Chinese products
US President Donald Trump announced on Friday that he would be imposing 100% tariffs on China starting November 1 or sooner, accusing Beijing of a “hostile” trade stance related to rare earth mineral exports. The new surcharge will be piled on top of existing taxes (30%).
Trump Hits China With 100% Tariff, Threatens To Scrap Xi Meeting
The United States will impose an additional 100% tariff on all Chinese imports starting November 1, on top of the existing 30% duties, President Donald Trump announced Friday, escalating tensions in the renewed trade dispute with Beijing. The move follows China’s decision to impose export restrictions on rare earth metals and other key materials. Trump described Beijing’s stance as “extremely aggressive,” accusing it of sending “a very hostile l…
Donald Trump announces additional 100pc tariff on China, heightening trade war tensions
US President Donald Trump said he would impose an additional 100pc tariff on China as well as export controls on "any and all critical software" beginning November 1, hours after threatening to cancel an upcoming meeting with the country's leader, Xi Jinping.
Trump warns 100pc tariff on China as rare earths row deepens
Washington: President Donald Trump on Friday threatened to place an additional 100 per cent tax on Chinese imports starting on November 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession. The president expressed frustration with new export controls placed on rare earth elements by China — and said on social media that “there seems to be no reason” to meet with Chinese leader Xi Jinpi…
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