🚨 Breaking: Former U.S. President Donald Trump has announced 100% tariffs on Chinese exports to America starting November 2025, alongside sweeping export controls on critical software. The move comes as retaliation to China’s recent tech export limits, reigniting fears of a full-blown trade war between the world’s two largest economies.
What’s Happening?
In a fiery Truth Social post, Trump accused China of taking an "unprecedented position" and vowed to escalate tariffs unless Beijing backs down. Markets immediately reacted, with tech stocks tumbling amid concerns over AI chip restrictions and supply chain disruptions.
From Truce to Tension
This U-turn follows a fragile trade truce where both nations had reduced tariffs earlier this year. Analysts warn the new measures could derail years of negotiations, with Trump’s proposed software export controls targeting China’s booming AI sector. 💡 Why it matters: Semiconductors power everything from smartphones to military tech – and both sides want dominance.
Tech Cold War? 🖥️❄️
The U.S. House China Committee recently pushed for stricter bans on chipmaking tools to China, aiming to slow its AI advancements. Meanwhile, Beijing continues to criticize Washington’s "unilateral" trade policies, calling them harmful to global economic stability.
📉 Young professionals and investors, take note: This escalation could reshape global markets and tech innovation for years. Stay tuned for updates!
