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Originally published by Capital News
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October 12, 2025
3h ago

Trump threatens to impose additional 100% tariff on China

Trump threatens to impose additional 100% tariff on China

He hit back at Beijing's move this week to tighten its rules for exports of rare earths, accusing China of "becoming very hostile" and trying to hold the world "captive". - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

US President Donald Trump has threatened to impose an additional 100% tariff on Chinese imports starting next month, alongside export controls on critical software. This comes as a response to Beijing's recent tightening of export rules for rare earths and other actions perceived as "hostile" by Trump.

  • Trump stated the US would impose an additional 100% tariff on China from next month.
  • The S&P 500 dropped 2.7% following Trump's remarks.
  • China dominates the production of rare earths, critical for components in various electronics and automotive industries.

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