Trump threatens to impose additional 100% tariffs on China

President Donald Trump announced that he will impose an additional 100% tariff on goods from China, in addition to the 30% tariffs already in effect, starting on November 1 or earlier.

The threat is a massive escalation after months of trade truce between the two nations.

"The United States of America will be imposing a 100% tariff on China, on top of any tariffs they are currently paying," Trump said in a post on Truth Social on Friday afternoon.

“Also, on November 1st, we will impose Export Controls on all critical software.”

Trump's announcement is related to Beijing's increased export controls on its rare earth metals, which are needed to produce many electronic devices.

As a result, Trump appears to have canceled a meeting with Chinese President Xi Jinping that was scheduled to take place later this month in South Korea./  CNA

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