Trump to Impose New 100 Percent Tariff on China on Nov. 1
The president said export controls on ‘critical software’ will also take effect on Nov. 1. Earlier, Trump also threatened to cancel a meeting with China’s Xi.President Donald Trump on Friday said that the United States will impose an additional 100 percent tariffs on Chinese goods and export controls on critical software starting on Nov. 1.
Trump accused Beijing of adopting “aggressive” export controls on nearly all of its products, referring to the Chinese regime’s recent rule changes aimed at restricting shipments of rare earth elements.
In a new Truth Social post, Trump said that the United States “will impose a Tariff of 100% on China, over and above any Tariff that they are currently paying. Also on November 1st, we will impose Export Controls on any and all critical software.”
He warned that tariffs could be implemented sooner, depending on Beijing’s reaction. He also said China’s new export controls, which would affect all countries, appeared to be a strategy devised by Beijing years ago.
“It is impossible to believe that China would have taken such an action, but they have, and the rest is History,” he wrote.
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5 comments:
Build all here in the usa and stop interacting with China the devil dragon satanic beast!
Like somebody said on the Steve Bannon war room show yesterday stop buying anything that says it was made in china!
This isn't a new idea. For years, I've been trying to avoid buying things made in China. Sometimes it's just not possible to avoid these purchases.
lol ya good luck with that might as well shut down Walmart!
@11:15...China has until November 1 so let's see what they decide to do. You probably have no problem with them buying up U.S. farmland either.
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