US-China Trade War: America has announced to impose 100% tariff on China and control the export of all important software. This decision of Donald Trump may also affect global trade.
US-China Trade War: US President Donald Trump has announced that 100% tariff will be imposed on China from November 1. He told on social media that this new tariff will be different and higher than all the tariffs already implemented. Apart from this, America will now also ban the export of all important software. After this decision, the trade war between America and China has intensified.
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Trump wrote on his social media platform Truth Social that China has decided to impose strict export rules on rare earth i.e. essential minerals, which will affect all countries. He said that China has adopted a very aggressive stance in trade and has sent a strong message to the world. From November 1, 2025, the US will impose 100% tariffs on all goods coming from China. This new tax will be higher than any tax imposed so far.
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100% tariff will be imposed on all goods coming from China from November 1
Trump said that this step of China will affect all the countries and China had prepared it many years ago. This has never happened in international trade and is a disgrace in dealing with other countries. He told that from November 1, 2025, America will impose 100% tariff on all goods coming from China. Along with this, America will also impose export controls on all important software from November 1.
70% of rare earth minerals are supplied from China
About 70% of the world’s supply of rare earth minerals comes from China. These minerals are very important for automobile, defense and hi-tech industries. Trump had said on Friday that due to China’s new controls, he may be barred from meeting Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation conference to be held in South Korea. Let us tell you that America has already imposed heavy duty on almost every product coming from China.