https://www.dw.com/en/trump-says-he-will-impose-additional-100-tariffs-on-china/a-74315664US President Donald Trump has announced new 100% tariffs on all Chinese goods, in addition to already existing tariffs on Beijing, after China placed export controls on rare earths.The US president claimed the tariffs, which will go into effect on November 1 "or sooner, depending on any further actions or changes taken by China" were reciprocal.Trump plans to impose export controls on "any and all critical software.""It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they make, and some not even made by them," Trump said on his Truth Social platform."It is absolutely unheard of in international trade, and a moral disgrace in dealing with other Nations".Trump then announced the new punitive measures in retaliation. The new 100% tariffs come on top of 30% US duties which were already in place on Chinese imports, summing up to a whopping 130% tariff rate on Chinese goods. The new tariffs threaten to restart a trade war first launched earlier this year shortly after Trump took office, with both nations exchanging exponentially high tariffs which were later paused after several rounds of negotiations.Earlier on Friday, Trump threatened to cancel a meeting planned with Chinese President Xi Jinping in nearly three weeks in South Korea.The US president had said there was no reason to hold the meeting after China announced its dramatic expansion of its rare earth element export controls.On Friday evening however, Trump told reporters in the Oval Office that he has not cancelled the meeting.Beijing dominates the market for rare earths, which are essential for tech manufacturing.
>>1446831Trump will not stop until the American economy is ashes.
>>1446857>Increase tariffs on China>AMERICAN economy is turning to ashes!!!Interesting. Can you explain how this works?
>>1446873>Detonate incredibly important trade balance with China>Leave entire industries in America with either massive import expenses to continue operating, or missing massive export buyers>Simultaneously tariff the rest of the world so it's both harder for US industries to find replacements and easier for China to find replacements for usLike it or not, we existed in a precarious but important balance with China, something aided by the fact neither party wanted to piss the other off in a way where they'd be prevented from replacing them in any way... until Trump decided it'd be a great idea to go into a trade war with China AND THE REST OF THE WORLD AT THE SAME TIME, annihilating our leverage and giving China a bunch of countries now unsympathetic to the US and more willing to ally with them than before.
>>1446857>>1446877Were going to destroy your economy, Chang.
>>1446877>annihilating our leverage China relies on us more than we do on them. Globalist neoliberal world order browns that call themselves Canadian do not understand this.
the government of iran pisses on trump
>>1446881Except now we've pushed every other country to them.
>>1446885Nope.
>>1446873prices increase, consumer confidence falls, economy slows.
>>1446879>>1446881Oh look the larping nationalists are back. Where were your clothes made?
MP Materials Corp stock is skyrocketing
>>1446873The China-America trade is way more important to America than China. >>1446881It's the other way around.
>>1446903>The China-America trade is way more important to America than China.No. The market is America. The market is always more important than where the goods are produced.
