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Old  Default Trump to Impose 100 Percent Tariff on China on Nov. 1
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Trump to Impose 100 Percent Tariff on China on Nov. 1



The president said export controls on ‘critical software’ will also take effect on Nov. 1. Earlier, Trump also threatened to cancel a meeting with China’s Xi.


Emel Akan
Reporter
10/10/2025|Updated: 10/10/2025








WASHINGTON—President Donald Trump on Friday said that the United States will impose an additional 100 percent tariffs on Chinese goods and export controls on critical software starting on Nov. 1.

“Based on the fact that China has taken this unprecedented position, and speaking only for the U.S.A., 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,” Trump wrote in a Truth Social post. “Also on November 1st, we will impose Export Controls on any and all critical software.”

In an earlier post, Trump signaled that he would call off his planned meeting with Chinese leader Xi Jinping. Both leaders were expected to meet during Trump’s visit to South Korea during the Asia-Pacific Economic Cooperation (APEC) summit later this month.

“I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so,” Trump said on Truth Social.

He accused Beijing of taking a hostile and unprecedented step by sending letters to countries around the world announcing new export controls on rare earth elements and other key materials. He vowed to respond with countermeasures, including substantial tariff increases and additional actions.

“Some very strange things are happening in China! They are becoming very hostile, and sending letters to Countries throughout the World, that they want to impose Export Controls on each and every element of production having to do with Rare Earths, and virtually anything else they can think of, even if it’s not manufactured in China,” Trump wrote.


Trump said Beijing’s move would clog the global markets and create serious challenges for nearly every country, including China.

He added that several countries voiced anger over Beijing’s “trade hostility,” a move that also surprised the United States, given the positive trade talks over the past six months.

“I have always felt that they’ve been lying in wait, and now, as usual, I have been proven right!” Trump said.

On Oct. 9, the Chinese communist regime expanded export controls on rare earth elements, barring foreign defense and semiconductor companies from accessing these critical metals.

Items containing more than 0.1 percent of rare earth ingredients sourced from China will require export licenses, the Chinese Ministry of Commerce said in a statement. The curbs are set to take effect on Dec. 1.

Rare earths, a group of 17 elements critical for products such as electric vehicles, military jets, and submarines, have become a key issue in the U.S.–China trade talks.

Decades of government subsidies and policy support have made China a dominant supplier of rare earths, with it controlling 61 percent of global extraction and 92 percent of refining production, according to the International Energy Agency.


‘Sinister and Hostile’


Trump said China was holding the world captive by building a monopoly position over key materials like magnets and other elements, calling Beijing’s actions “sinister and hostile.”

The United States holds even stronger monopoly positions than China but has avoided using them until now, he said.

“Things that were routine are no longer routine at all. I have not spoken to President Xi because there was no reason to do so,” he said.
Trump, scheduled to meet with the Chinese leader in South Korea in two weeks, stated that there is “no reason” to hold the meeting.

The timing of China’s letters was particularly inappropriate, Trump added, coming on the day peace was finally achieved in the Middle East.

“I will be forced, as President of the United States of America, to financially counter their move,” he said.

“For every Element that they have been able to monopolize, we have two,” he said, adding that he would consider imposing “a massive increase of Tariffs on Chinese products” and other countermeasures.

“I never thought it would come to this but perhaps, as with all things, the time has come,” Trump said. “Ultimately, though potentially painful, it will be a very good thing, in the end, for the U.S.A.”

On Oct. 9, Beijing also announced the addition of specific rare earth technologies and equipment to its export control list. Starting Nov. 8, exports of certain lithium-ion batteries, graphite cathodes, and artificial diamonds will require government approval. Additionally, five rare earth elements—holmium, erbium, thulium, europium, and ytterbium—will also be subject to licensing requirements.

Dorothy Li contributed to this report.


-----------------

From The Epoch Times
Link: https://www.theepochtimes.com/us/tru...ner&src_cmp=gp





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Related:

Trump Says U.S. Will Hit China With 100% Additional Tariff Over Rare Earth Restrictions
Link: https://www.breitbart.com/economy/20...-restrictions/




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