Starting from November 1, the US government will impose 100% tariffs on all products imported from China, in addition to existing duties. This was announced in a statement by US President Donald Trump published on Friday, October 10, on the Truth Social platform. Furthermore, Trump added that restrictions will be placed on the export of all critical software.
The White House leader cited China's "overly aggressive trade stance" as the reason for imposing additional tariffs. According to Donald Trump, the Chinese government has warned other countries about imposing export restrictions on almost all products made in China, starting from November 1. "This will affect every country without exception... This is a situation unprecedented in international trade," wrote the US President.
China has not yet commented on Trump's statement.
