Cliff Notes
- Donald Trump announced a proposed 100% tariff on imports from China, effective 1 November 2025, citing China’s aggressive trade practices and export controls on critical products.
- The President also stated he would impose export controls on critical software to China in response to China’s restrictions on rare earths.
- This escalation in trade tensions threatens global economic stability, with Wall Street experiencing its worst decline since April amid concerns over US-China relations.
Donald Trump threatens to impose additional 100% tariff on ‘extraordinarily aggressive’ China | US News
Donald Trump has announced the US will impose an additional 100% tariff on China imports, accusing it of taking an “extraordinarily aggressive position” on trade.
In a post to his Truth Social platform on Friday, the US president said Beijing had sent an “extremely hostile letter to the world” and imposed “large-scale export controls on virtually every product they make”.
Mr Trump, who warned the additional tariffs would start on 1 November, said the US would also impose export controls on any and all critical software to China.
The President added that he was imposing the tariffs because of export controls placed on rare earths by China.
He wrote: “Based on the fact that China has taken this unprecedented position, and speaking only for the USA, and not other nations who were similarly threatened, starting November 1st, 2025 (or sooner, depending on any further actions or changes taken by China), the United States of America will impose a tariff of 100% on China, over and above any tariff that they are currently paying.
“It is impossible to believe that China would have taken such an action, but they have, and the rest is history. Thank you for your attention to this matter!”
Mr Trump said earlier today there “seems to be no reason” to meet with Chinese leader Xi Jinping in a scheduled meeting as part of an upcoming trip to South Korea at the end of this month.
He added: “There are many other countermeasures that are, likewise, under serious consideration.”
The move threatens to escalate tension between the US and China, prompting fears over the stability of the global Economy.
Today was Wall Street’s worst day since April, with the S&P 500 falling 2.7%, owing to fears about the US-China relations.
China had restricted the access to rare earths ahead of the meeting between Trump and Xi.