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Reading: Is Donald Trump Signaling a Step Back on Tariffs? He Speaks Again
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Your Crypto News Today > Market > Is Donald Trump Signaling a Step Back on Tariffs? He Speaks Again
Market

Is Donald Trump Signaling a Step Back on Tariffs? He Speaks Again

October 11, 2025 1 Min Read
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US President Donald Trump reacted strongly to China’s choice to impose export restrictions, saying that he would impose 100% tariffs on prime of present tariffs and stating that he wouldn’t meet with Chinese language President Xi Jinping. Nevertheless, Trump has softened his stance in latest statements.

Trump said as we speak, “The assembly with Xi has not been canceled,” indicating that potential contact between the 2 leaders has not been fully dominated out. He additionally stated that “different choices for export controls could also be thought-about.” Nevertheless, Trump additionally said, “I do not know if I’ll meet with Xi.”

In a submit on Fact Social the day earlier than, Trump famous that China had introduced that it might impose complete export restrictions on “just about all merchandise” beginning November 1, 2025, calling the choice “unprecedented within the historical past of worldwide commerce and morally shameful.” In his submit, Trump additionally introduced that in response to China’s transfer, the US would impose 100% further tariffs on China beginning November 1 and impose export controls on all vital software program.

*This isn’t funding recommendation.

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