See the full text of Trump's new publication:
It has just been announced that China has taken an extraordinarily aggressive position in trade by sending an extremely hostile letter to the world, stating that, starting November 1, 2025, it would impose large-scale export controls on virtually all products it produces, and some that are not even manufactured by them. This affects all countries, without exception, and was obviously a plan they have been working on for years. It is absolutely unprecedented in international trade and a moral disgrace in dealing with other nations.
Based on the fact that China has taken this unprecedented position, and speaking only for the United States, and not for other nations that have been equally threatened, starting November 1, 2025 (or earlier, depending on any additional actions or changes taken by China), the United States of America will impose a 100% tariff on China, in addition to any tariffs they are already paying. Also on November 1, export controls will be imposed on any and all critical software.
It is impossible to believe that China would have taken such a measure, but it has, and the rest is history. Thank you for your attention to this matter!
DONALD J. TRUMP
PRESIDENT OF THE UNITED STATES OF AMERICA
source: G1
$BTC
$BNB
$GIGGLE
#MarketPullback
It has just been announced that China has taken an extraordinarily aggressive position in trade by sending an extremely hostile letter to the world, stating that, starting November 1, 2025, it would impose large-scale export controls on virtually all products it produces, and some that are not even manufactured by them. This affects all countries, without exception, and was obviously a plan they have been working on for years. It is absolutely unprecedented in international trade and a moral disgrace in dealing with other nations.
Based on the fact that China has taken this unprecedented position, and speaking only for the United States, and not for other nations that have been equally threatened, starting November 1, 2025 (or earlier, depending on any additional actions or changes taken by China), the United States of America will impose a 100% tariff on China, in addition to any tariffs they are already paying. Also on November 1, export controls will be imposed on any and all critical software.
It is impossible to believe that China would have taken such a measure, but it has, and the rest is history. Thank you for your attention to this matter!
DONALD J. TRUMP
PRESIDENT OF THE UNITED STATES OF AMERICA
source: G1
$BTC
$BNB
$GIGGLE
#MarketPullback