U.S. President Donald Trump on Friday said he was raising tariffs on Chinese exports to the U.S. to 100% and imposing export controls on "any and all critical software" in a reprisal to recently announced export limits by China on rare earth minerals critical to tech and other manufacturing.
China blames Trump and US for escalating trade war on.ft.com/3W1rnMM
-- Financial Times (@financialtimes.com) Oct 11, 2025 at 11:50 PM
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Dow drops almost 900 points, S&P 500 declines the most since April after Trump's new China tariff threat
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That's the problem with trade wars with China.
Twenty weeks after you start one you're hungry again.
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