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Donald Trump has announced the US volition enforce an further 100% tariff connected China imports, accusing it of taking an "extraordinarily assertive position" connected trade.
In a station to his Truth Social level connected Friday, the US president said Beijing had sent an "extremely hostile missive to the world" and imposed "large-scale export controls connected virtually each merchandise they make".
Mr Trump, who warned the further tariffs would commencement connected 1 November, said the US would besides enforce export controls connected each captious bundle to China.
The president added that helium was imposing the tariffs due to the fact that of export controls placed connected uncommon earths by China.
He wrote: "Based connected the information that China has taken this unprecedented position, and speaking lone for the USA, and not different nations who were likewise threatened, starting November 1st, 2025 (or sooner, depending connected immoderate further actions oregon changes taken by China), the United States of America volition enforce a tariff of 100% connected China, implicit and supra immoderate tariff that they are presently paying.
"It is intolerable to judge that China would person taken specified an action, but they have, and the remainder is history. Thank you for your attraction to this matter!"
Mr Trump said earlier connected Friday that determination "seems to beryllium nary reason" to conscionable with Chinese person Xi Jinping successful a scheduled gathering arsenic portion of an upcoming travel to South Korea astatine the extremity of this month.
He had posted: "I was to conscionable President Xi successful 2 weeks, astatine APEC, successful South Korea, but present determination seems nary crushed to bash so."
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The travel was scheduled to see a halt successful Malaysia, which is hosting the Association of Southeast Asian Nations summit, a halt successful Japan and past the halt to South Korea, wherever Mr Trump would conscionable Mr Xi up of the Asia-Pacific Economic Cooperation summit.
Mr Trump added: "There are galore different countermeasures that are, likewise, nether superior consideration."
The determination signalled the biggest rupture successful relations successful six months betwixt Beijing and Washington - the world's biggest
factory and its biggest consumer.
It besides threatens to escalate tensions betwixt the 2 countries, prompting fears implicit the stableness of the planetary economy.
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Friday was Wall Street's worst time since April, with the S&P 500 falling 2.7%, owing to fears astir US-China relations.
China had restricted the entree to uncommon earths up of the gathering betwixt Presidents Trump and Xi.
Under the restrictions, Beijing would necessitate overseas companies to get peculiar support for shipping the metallic elements abroad.
English (US) ·