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Your Crypto News Today > Market > Donald Trump Announces New Tariffs on China – HOT MOMENTS
Market

Donald Trump Announces New Tariffs on China – HOT MOMENTS

October 12, 2025 1 Min Read
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Following China’s announcement that it will impose sweeping export controls beginning November 1, 2025, US President Donald Trump introduced that Washington would take countermeasures on the identical date.

Trump, in an announcement on Reality Social, acknowledged that China plans to impose export restrictions on “nearly each product it manufactures and even some that it doesn’t,” calling the choice “an unprecedented step in worldwide commerce and an ethical scandal.”

“In response to this motion, the USA will impose a 100% tariff on all merchandise from China, along with current tariffs, efficient November 1, 2025. On the identical date, new export controls on essential software program may even go into impact,” Trump mentioned.

Trump additionally concluded his assertion by saying, “It’s unimaginable that China would take such a step, however they did it and now historical past is made.”

*This isn’t funding recommendation.

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