U.S. to impose extra 100% tariff on China Nov. 1
President Donald Trump announced the U.S. will impose an additional 100% tariff on imports from China effective Nov. 1, escalating trade tensions after a sharp stock-market selloff. The move marks a shift from prior threats to a formal policy action that could significantly affect U.S. prices, supply chains and markets.
Economy
International
đ Key Facts
- Announced by President Trump; applies to imports from China
- Effective date set for Nov. 1
- Announcement came after heavy losses in U.S. stock markets