Trump Puts Additional 100% Tariffs On China: Crypto, Stocks Drop
Posted On October 10, 2025
President Donald Trump stated on Friday that starting Nov. 1, the U.S. will introduce new 100% tariffs on goods imported from China in addition to all current tariffs.
Trade Tensions Escalate
In addition to the 100% tariffs on Chinese imports, Trump added that new export restrictions will impact every type of critical software the U.S. sends abroad, according to CNBC.
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Trump’s statement noted that China intends to place widespread export restrictions on nearly all their products, and some they do not even manufacture. He described this as an unprecedented measure in international trade, affecting all nations and calling it a long-planned, aggressive step by China.
“It has …
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