President Donald Trump has announced that the United States will impose a 100 per cent tariff on all goods imported from China starting November 1, escalating the ongoing trade conflict between both nations.
The move follows Beijing’s decision to expand export controls on rare-earth metals, a measure Washington described as an “aggressive” act of economic warfare.
In a statement released on his Truth Social platform, Trump said the tariffs could take effect earlier “depending on any further actions or changes taken by China.” The new rate will add to the existing 30 per cent tariffs already imposed on Chinese imports.
Trump condemned China’s actions, calling them “extraordinarily aggressive” and “a moral disgrace in dealing with other nations.” He added that the U.S. government would introduce additional export restrictions on critical software to further tighten control over technology exchanges with China.
China’s Ministry of Commerce defended its export policy, stating it was necessary to protect national security and safeguard strategic interests amid increasing global competition in high-tech sectors.
Analysts warn the latest escalation could disrupt global supply chains, particularly in technology manufacturing, where rare-earth materials are crucial for electronics, batteries, and defense equipment.
The development also casts uncertainty over the planned meeting between Trump and Chinese President Xi Jinping, raising fears of renewed trade tensions and market instability.