Chinese Traders Unfazed by Trump’s 100% Tariff Threat
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U.S. President Donald Trump has threatened to impose an additional 100% tariff on Chinese goods and new export controls on key software products, reigniting a trade war that had deescalated earlier this year.
In a post on his Truth Social platform on Friday local time, Trump said the new measures would take effect on Nov. 1 “or sooner.” He cited the move as a response to China’s announcement a day earlier of new export controls on rare earth minerals.
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- President Trump threatened a 100% tariff on Chinese goods, raising U.S. tariffs on Chinese imports to over 150% from 57.6%, in response to China’s new export controls on rare earth minerals.
- Chinese exporters view the threat as negotiation tactics, with little immediate impact on logistics or prices, and many have shifted focus to domestic or other international markets.
- China’s exports to the U.S. dropped 33.1% year-on-year in August 2025 and 15.5% in the first eight months of 2025.
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What Happened When
- Earlier in 2025：
- A trade war between the U.S. and China deescalated.
- First eight months of 2025：
- China’s cumulative exports to the U.S. fell 15.5% year-on-year to $283 billion.
- May 2025：
- A trade agreement was reached; the U.S. lowered its tariff rate on Chinese goods to 30% from a peak of 145%.
- August 2025：
- Average U.S. tariff on Chinese imports stood at 57.6%; China’s exports to the U.S. fell 33.1% year-on-year to $31.6 billion, the fifth straight month of double-digit declines.
- Before October 9, 2025：
- Trump had not yet announced the new tariff and export controls.
- October 9, 2025：
- China announced new export controls on rare earth minerals.
- October 10, 2025：
- Trump threatened to impose an additional 100% tariff on Chinese goods and new export controls on key software products.
AI generated, for reference only
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