• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Trump announces extra 100% tariffs on China, control ‘critical software’ exports

by October 11, 2025
by October 11, 2025

US President Donald Trump announced on Friday sweeping new tariffs on China, declaring an additional 100% tariff on all Chinese goods and tighter controls on exports of critical US software, effective November 1, 2025.

Trump says the move is a direct response to what he called China’s “extraordinarily aggressive” trade tactics, especially Beijing’s new plans to tighten export controls on a wide range of products, including rare earth minerals.

The development is expected to intensify economic tensions between the world’s two largest economies and exacerbate ongoing uncertainties for global markets.

What’s behind Trump’s latest tariffs on China

There is nothing new about a trade war between the US and China. The rivalry is brewing for years, and over the past decade, both sides have slapped tariffs and countermeasures on each other.

The US first hit Chinese imports with major tariffs back in 2018, going as high as 25% on about $360 billion worth of goods before things briefly cooled off.

Now, with this new 100% tariff on top of the existing ones, average duties will soar to around 130%, levels not seen since the peak of the trade war.

The latest round reportedly covers just about everything: electronics, machinery, home goods, and clothing, with no signs of any exemptions so far.

What pushed Trump to announce additional tariffs on Friday is Beijing’s announcement of sweeping export controls on rare earth minerals and production technology, which are vital to global tech and defense industries.

The US President slammed China’s actions and called them “extraordinarily aggressive” to gain leverage in international trade by restricting access to critical materials.

The new tariffs, kicking in on November 1, are meant to hit back at China’s move and safeguard US economic and national interests.

But things have heated up fast, with both Washington and Beijing trading accusations of unfair tactics, and each is hinting that more retaliation could be on the way.

Restricting software exports: Tech in the crosshairs

Interestingly, along with fresh tariffs, Donald Trump also announced export controls on what it calls “critical software,” set to take effect around the same time.

This comes weeks after China banned Nvidia chips and enforced tight customs controls in what experts a calling an artificial intelligence race between the two superpowers.

Officials haven’t spelled out exactly which types of software will be affected yet, but they have hinted it will cover advanced technologies tied to defense, AI, telecom, logistics, and high-end manufacturing.

The move echoes earlier efforts to block chip and AI tech sales to Chinese companies viewed as security threats.

The main concern is keeping sensitive American-made software, like encryption tools, design programs, and machine learning platforms, from being used to boost China’s military or industrial power.

The post Trump announces extra 100% tariffs on China, control ‘critical software’ exports appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump threatens ‘massive’ China tariffs, sees ‘no reason’ to meet with Xi
next post
US digest: markets slide after fresh Trump tariff threat, consumer sentiment slide

Related Posts

These 3 stocks are skyrocketing after Trump’s latest tariff...

October 11, 2025

Europe bulletin: markets slide on tariff fears, Machado...

October 11, 2025

Evening digest: Trump begins federal layoffs, Sunak joins...

October 11, 2025

PepsiCo stock: major reason its beverage unit has...

October 11, 2025

Wall Street sinks after Trump tariff threats, S&P,...

October 11, 2025

US oil and gas rigs decline for first...

October 11, 2025

SovEcon raises Russia’s 2025 wheat harvest forecast amid...

October 11, 2025

US digest: markets slide after fresh Trump tariff...

October 11, 2025

Trump on the Nobel: Obama got it for...

October 10, 2025

Europe markets open: Stoxx 600 flat as Mideast...

October 10, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • These 3 stocks are skyrocketing after Trump’s latest tariff threat to China

    October 11, 2025
  • Europe bulletin: markets slide on tariff fears, Machado wins Nobel Peace Prize

    October 11, 2025
  • Evening digest: Trump begins federal layoffs, Sunak joins AI leadership, new China tariffs ahead

    October 11, 2025
  • PepsiCo stock: major reason its beverage unit has trailed Coca-Cola for years

    October 11, 2025
  • Wall Street sinks after Trump tariff threats, S&P, Nasdaq, Nvidia and Tesla plunge

    October 11, 2025
  • US oil and gas rigs decline for first time in six weeks, says Baker Hughes

    October 11, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,851)
  • Editor's Pick (283)
  • Investing (185)
  • Stock (1,944)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Morning brief: Judge blocks Trump’s Fed firing;...

September 10, 2025

Klarna stock jumped after IPO, but history...

September 11, 2025

Here’s why the GoPro stock price is...

August 26, 2025