Trade war reignites: Trump announces tech export limits, new 100% tariff on Chinese goods; impact from November 1 or sooner

President Trump announced 100% tariffs on Chinese products starting November 1, citing China's "hostile" restrictions on rare earth mineral exports. He warned of a potential trade war escalation, impacting global markets. China stated the curbs are for national security, affecting industries reliant on these minerals.President Trump announced 100% tariffs on Chinese products starting November 1, citing China's "hostile" restrictions on rare earth mineral exports. He warned of a potential trade war escalation, impacting global markets. China stated the curbs are for national security, affecting industries reliant on these minerals.2025-10-11T04:21:18.000Z{}Sat, 11 Oct 2025 04:21:18 GMT