Trump slaps additional 100 percent tariff on China

Contributing sentiments towards policy:

50% : Trump further clarified on his earlier comments regarding his planned meeting with Xi, saying he had not officially canceled the summit.
50% : Trump revealed the tariff increase via Truth Social, stating the new duties would take effect on November 1, or possibly sooner.
50% : Additionally, Trump announced his administration would implement export controls on "any and all critical software," in response to China's tightened grip on rare earth exports.
50% : "It is impossible to believe that China would have taken such an action, but they have, and the rest is history," Trump posted on Truth Social.
50% : Speaking to reporters at the White House, Trump added, "No, I haven't canceled.
50% : " Trump reiterated that the additional tariffs and export controls would be imposed in retaliation for what he described as Beijing's "extraordinarily aggressive" actions.
50% : Currently, Chinese goods face US tariffs of 30 pc, a measure Trump implemented during his first term, accusing Beijing of enabling the fentanyl trade and engaging in unfair trade practices.
50% : Earlier in the week, Trump stated there was "no reason to meet" with Xi Jinping after Beijing's "very hostile" actions regarding rare earth exports.
50% : " When asked if the US would revoke the additional tariffs if China rolled back its restrictions, Trump responded, "We'll have to see what happens.
50% : That's why I made it November 1." Trump also hinted at further export controls, suggesting that aircraft parts could be among the items targeted by the US.
50% : Trump also reaffirmed that export controls on all critical software will begin on the same day.

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