Trump Imposes 100% Tariff on Chinese Imports Amid Rare Earth Minerals Dispute

Oct 11, 2025 09:51 am CST

President Trump has announced a 100% tariff on Chinese imports effective November 1, escalating trade tensions over rare earth mineral export controls. The announcement sent stock markets falling and led Trump to reconsider his planned meeting with President Xi at the upcoming APEC summit. This development marks a significant renewal of trade hostilities between the world's two largest economies.