trump's stated reasons center on retaliation against china's aggressive export controls on rare earth minerals—vital for us chips, batteries, and defense—along with their hostile trade letter imposing broad restrictions starting november 1. this move escalates the trade war to protect american industries and national security. (cnbc)

CNBC

Trump puts extra 100% tariff on China imports, adds export controls on 'critical software'

President Trump retaliated against China's export controls on rare earths after suggesting he also would cancel a meeting with Chinese President Xi...

(reuters) https://www.reuters.com/world/china/us-will-impose-additional-100-tariff-chinese-imports-november-trump-says-2025-10-10/ View quoted note →