Trump slaps additional 100 percent tariff on China
Published on: Oct. 12, 2025, 4 a.m. | Source: Daily Excelsior
NEW DELHI, Oct 11: Intensifying trade tensions with China, US President Donald Trump announced a 100 percent tariff on Chinese goods in response to Beijing’s export policy of tightening its control over critical minerals and rare earth elements-key resources vital to global technology and defense industries. Trump further clarified on his earlier comments regarding his planned meeting with Xi, saying he had not officially canceled the summit. Trump revealed the tariff increase via Truth Social, stating the new duties would […]
