Trump Announces 100% Tariff on Chinese Imports

[chainsniff]

President Donald Trump declared a 100% tariff on all imports from China, adding export controls on critical U.S. software. The tariffs, set to take effect November 1, escalate trade tensions between the world’s two largest economies.

Markets reacted sharply: Dow down 1.9%, S&P 500 down 2.71%, Nasdaq down 3.56%, with tech stocks like Nvidia and Tesla each dropping ~5%.

#TradeWar #Trump #China #Markets

[EmTeam]

A 100% tariff is a bold move — this will undoubtedly impact global trade and tech manufacturing costs.

[jacson4]

Such a drastic tariff could push companies to diversify supply chains faster than ever before.