Trump Announces Additional 100% China Tariff, Tech Controls8Photo© hindustantimes.com

Trump Announces Additional 100% China Tariff, Tech Controls

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Trump also said that apart from the tariffs, the US will also impose export controls on “any and all critical software”.

Trump's hiked tariffs and export controls on its software has come in response to China's decision to export limits on rare earth minerals, which will also come into effect on November 1. The rare earth minerals are for tech and other kinds of manufacturing.

In a post on his own social media platform Truth Social, Trump wrote that China's decision to impose large-scale export controls affects “all countries without exception” and called it a “moral disgrace in dealing with other nations”.