Trump threatens tech export limits, new 100 per cent tariff on Chinese imports starting Nov. 1 or sooner, Cryptocurrency crash
It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they make, and some not even made by them. This affects ALL Countries, without exception, and was obviously a plan devised by them years ago. It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other Nations.
Based on the fact that China has taken this unprecedented position, and speaking only for the U.S.A., and not other Nations who were similarly threatened, starting November 1st, 2025 (or sooner, depending on any further actions or changes taken by China), the United States of America 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.
It is impossible to believe that China would have taken such an action, but they have, and the rest is History. Thank you for your attention to this matter!
DONALD J. TRUMP
PRESIDENT OF THE UNITED STATES OF AMERICA
China’s New Sanctions
On Thursday, the Chinese government restricted access to rare earth minerals, requiring foreign companies to obtain special permission to ship these metal elements abroad. It also announced permitting requirements for the export of technologies used in mining, smelting, and recycling rare earth minerals, and said any export requests for products used in military goods would be rejected.
On social media, Trump described the export controls as “shocking” and “sudden.” He said China was becoming “very hostile” and “holding the world captive” by restricting access to metals and magnets used in electronics, computer chips, lasers, jet engines, and other technologies.
Trump stated in a post that “beginning November 1, 2025 (or earlier, depending on any further actions or changes by China), the United States will impose a 100% tariff on China, in addition to any tariffs China currently pays.” The president also said the US government would impose its own export controls “on all critical software” from American companies to respond to China.
The Chinese Embassy in Washington did not immediately respond to a request for comment from The Associated Press.
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