US President Donald Trump has vowed to hit China with an additional 100 per cent tariff on all imports after accusing Beijing of taking an “extraordinarily aggressive” stance on trade.
On his Truth Social platform, the President said that China had imposed "large-scale export controls on virtually every product they make", sending an "extremely hostile letter to the world".
On Friday, Mr Trump said the new tariffs would take effect from November 1, adding that the US also plans to introduce export restrictions on key software sent to China.
The President noted that the measure was taken due to the Beijing's new export controls on rare earths.
The President said that China had imposed 'large-scale export controls on virtually every product they make'
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Mr Trump wrote on Truth Social: "It has just been learned that China has taken an extraordinarily aggressive position on trade in sending an extremely hostile letter to the world, stating that they were going to, effective November 1st, 2025, impose large scale export controls on virtually every product they make, and some not even made by them.
"This affects all countries, without exception, and was obviously a plan devised by them years ago.
"It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other nations."
The President labelled the move by China as "unprecedented", adding that the new measures that the US and other countries were "threatened" by it.
Mr Trump labelled the latest move by China as 'unprecedented'
| PAHe continued: "Starting November 1st, 2025 (or sooner, depending on any further actions or changes taken by China), the United States of America will impose a tariff of 100% on China, over and above any tariff that they are currently paying.
"Also on November 1st, we will impose export controls on any and all critical software.
"It is impossible to believe that China would have taken such an action, but they have, and the rest is history."
Fears are rising that the move could reignite a trade war that Washington and Beijing had temporarily eased earlier this year following months of delicate negotiations.
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On Friday, the President said there “seems to be no reason” to hold a meeting with Chinese President Xi Jinping during his upcoming trip to Asia.
He is set to visit Malaysia, Japan, and South Korea, where he had been expected to meet Mr Xi ahead of the Asia-Pacific Economic Cooperation summit.
The President’s tariff announcement sent shockwaves through US markets, marking Wall Street’s toughest day in months on Friday.
The S&P 500 dropped 2.7 per cent amid concerns over worsening relations between the US and China.
The President said there 'seems to be no reason' to hold a meeting with Chinese President Xi Jinping
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Earlier this year, Mr Trump ramped up trade pressure with China, citing Beijing's role in the on-going fentanyl crisis plaguing America.
The President imposed a 10 per cent tariff on all Chinese imports, prompting Beijing to retaliate with 15 per cent tariffs on a range of US goods.
Both sides exchanged further levies before agreeing to suspend the higher tariffs after a 90-day pause in May.
Mr Trump is scheduled to arrive in Asia on October 26.
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