US-China Trade War Escalates as Trump Slaps 100% Tariff on Chinese Imports
In a sharp escalation of the ongoing US-China trade war, President Donald Trump has announced a sweeping 100% additional tariff on all Chinese imports. The move, unveiled during a press briefing, marks one of the most aggressive trade actions against China to date and is expected to significantly impact global markets and supply chains.
Trump also revealed that the US will implement strict export controls on all critical software beginning November 1, aimed at curbing China’s access to advanced American technologies. He accused China of unfair trade practices and intellectual property theft, promising to “reclaim American industry.”
The announcement has triggered concern among economists and business leaders, who warn of rising costs, retaliation from Beijing, and potential disruption to key sectors like electronics and manufacturing. China is expected to respond with countermeasures, further intensifying tensions between the world’s two largest economies.
US-China Trade War Escalates as Trump Slaps 100% Tariff on Chinese Imports
