Former President Donald Trump announced that he will impose a 100% tariff on all imports from China starting November 1, 2025. This new tariff will be in addition to all current tariffs already in place.
This decision marks a significant escalation in trade tensions between the United States and China. The announcement has raised concerns among businesses and economists regarding the potential impact on trade relations and the broader economy.
For more information on this development, see recent developments in tariffs.
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