1:56President Donald Trump departs the White House for Walter Reed Medical Center, October 10, 2025 in Washington.Win McNamee/Getty Images
President Donald Trump revealed Friday that he intends to put into action fresh 100% levies on items brought in from China commencing the following month, as a reaction to what he described as "forceful" actions by China concerning the regulation of exports.
In a statement on social media, Trump stated that the new tariffs would be implemented on November 1.
Trump indicated the action is a response to China’s "remarkably aggressive stance on commerce" pertaining to export restrictions.
President Donald Trump, left, shakes hands with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, western Japan, June 29, 2019.Susan Walsh/AP, Files
"It has just come to light that China has adopted an exceptionally forceful posture on trade by issuing a profoundly antagonistic letter to the globe, indicating their intent to enforce extensive export limitations on practically every product they manufacture, and even some they don’t, effective November 1st, 2025," Trump communicated in the post, deeming such a measure "unheard of" and a "moral failing."
The existing duties on Chinese goods entering the U.S. are at 30%, a reduction from the peak of 145% earlier this year.
Trump asserted that the upcoming levies on China would be "in addition to any duty they are presently obligated to pay."
Alongside the new tariffs, Trump appended that the U.S. would institute "export controls on any and all crucial software."
The announcement on social media trailed Trump’s earlier-day threats of new levies on China, which incited a stock market decline. The Dow Jones Industrial Average sharply declined by 385 points, equivalent to 0.8%, while the S&P 500 decreased by 1.25%, and the tech-concentrated Nasdaq diminished by 1.75%.
Trump’s announcement was made a day following China’s imposition of novel limitations on rare-earth minerals, which are vital components in the making of semiconductors utilized in an array of devices from artificial intelligence to household appliances.
During a later discourse with reporters from the Oval Office on Friday, Trump characterized China’s latest actions as "startling" and stated that they "appeared without warning."
Trump stated, "This is not something that I … initiated. This was merely a counteraction to their actions. They weren’t particularly directing it towards us; rather, it was meant for the entire world."
Nonetheless, he remarked, "we shall see what comes of this."
President Donald Trump walks on the South Lawn after arriving on Marine One at the White House, Oct. 10, 2025, in Washington.Alex Brandon/AP
In a preceding social media announcement pertaining to China’s trade policy, Trump conveyed, "There’s absolutely no justification for China to be permitted to hold the world 'captive,'" suggesting that this had evidently been their intention for quite a while.
In response, Trump threatened an "extensive escalation" in taxes on Chinese goods being brought into the US, even though he admitted the measure could be "potentially detrimental."
Prior to that Friday, Trump also implied he might consider calling off an imminent meeting with Chinese President Xi Jinping.
"This came as a major surprise, not just to myself but to all the leaders of the free world. I was scheduled to meet President Xi in a couple of weeks at APEC in South Korea, but it now appears there is no rationale to proceed," Trump communicated in his earlier posting.
When he spoke to reporters later, Trump stated that he was not completely canceling the meeting with Xi, saying that he still plans to travel to South Korea, though he was uncertain if the meeting would still take place.
"We shall see what transpires," Trump stated.
This happens as the trade ceasefire between the US and China remains valid but is poised to lapse within the month.
Sourse: abcnews.go.com
