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Trump threatens 100% China tariffs as Beijing restricts rare-earth exports

The Guardian•Friday, October 10, 2025 at 9:11:36 PM
NegativeFinancial Markets
Trump threatens 100% China tariffs as Beijing restricts rare-earth exports
President Donald Trump has escalated trade tensions by threatening to impose 100% tariffs on China, citing Beijing's recent restrictions on rare earth exports crucial for American industries. This move, which could take effect as soon as November 1, has already led to a sharp decline in Wall Street, reflecting investor concerns over the potential economic fallout. The situation underscores the ongoing friction between the US and China, which could have significant implications for global trade and economic stability.
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