Peter Alexander's avatar
Peter Alexander 2 months ago
China Morning Missive #Shocking and by “shocking” I mean not even a little bit. What should be expected is a rather manic period - heightened volatility - between now and the APEC meeting at month’s end. Perhaps not an exact replay of the massive back and forth in tariffs we witnessed earlier in the year, More aggressive posturing and strongly worded memos than anything else. What is rather certain though is there’ll be no Chinese purchases of soybeans anytime soon. Government will need to cut a decent sized check to bail out the farmers. Next week could be a very ugly for markets. Trump puts extra 100% tariff on China imports, adds software export controls
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...

Replies (4)

hal's avatar
hal hal@nocean.xyz 2 months ago
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 →
Peter Alexander's avatar
Peter Alexander 2 months ago
The moves by China over the past week is quite typical in negotiations. In advance of a preplanned and rather important meeting, the Chinese side will push on the margins to elicit a reaction from their counterparty. The aim is to see HOW the other side chooses to respond. This provides critical information to the Chinese side as to whether the opponent has any real depth and breadth with counter action. By Trump simply going back to triple digit tariffs as the response very clearly telegraphs to the Chinese side that there is little in the way of alternative pressure points the American side can apply.
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