U.S. President Donald Trump has announced he will impose an additional 100 percent tariff on Chinese imports beginning November 1, 2025 or sooner, citing China’s new export controls on rare earth elements.
Analysts say the tariff would be "over and above" existing levies, escalating tensions in the U.S.-China trade dispute.
Trump also threatens to introduce export restrictions on “any and all critical software” as part of a broader response.
Markets reacted sharply, with major indices such as the S&P 500 falling more than 2 percent. China has not yet formally responded, but experts warn of possible retaliatory measures.
The move could undo recent efforts at tariff
relief and reignite a full-scale trade war.
Uncertainty looms over whether Trump will follow through or delay implementation depending on China’s reactions.
