100% Tariff Incoming: Trump Announces November Hike on China

WikiFX

| 2025-10-13 12:22

Abstract：The U.S. will impose an additional 100% tariff on Chinese imports starting Nov. 1, 2025—potentially earlier—alongside new export controls on “critical software,” escalating tensions after Beijing’s rare-earth curbs, new port fees, a Qualcomm probe, and a halt to U.S. soybean purchases. Stocks fell on the news. Key context: some U.S.-China tariffs remain paused until Nov. 10, a Supreme Court case could reshape Trump’s tariff authority, new U.S. duties on cabinets (Oct. 1) and wood products (Oct. 14) are in force, and a pause on Mexico tariffs is set to end next month.

WhatsApp Image 2025-10-13 at 12.26.29 PM.jpeg

Trump Announces 100% Tariff on Chinese Goods Starting Nov. 1, 2025

President Trump said Friday the U.S. will impose an additional 100% tariff on Chinese imports beginning November 1, 2025, escalating trade tensions with Beijing. In a post on Truth Social, he called Chinas recent trade stance “extraordinarily aggressive,” citing new export controls set to take effect next month that he said impact multiple countries and are a “moral disgrace.”

Trump added the tariff start date could be moved forward depending on China‘s response. He also said new U.S. export controls aimed at restricting China’s access to “critical software” will take effect on the same day in November.

Earlier Friday, Trump warned of a “massive increase” in duties and suggested he may cancel a planned meeting later this month with Chinese leader Xi Jinping.

What prompted the move

The president pointed to several recent Chinese actions:
Fresh curbs on exports of rare earth minerals
New port fees on U.S. ships
An antitrust probe into Qualcomm (QCOM)
A halt to purchases of U.S. soybeans
He described these steps as signs China has become “very hostile.”

Market reaction

U.S. stocks fell Friday after the tariff threat, reflecting investor concern over renewed trade frictions.
The broader tariff backdrop
Some U.S. tariffs on Chinese goods—nearly 145% in certain categories—are paused until Nov. 10 as both sides work on a broader deal.
Chinese tariffs on U.S. goods rose to 125% before the pause.

Whats next

Supreme Court test: Early next month, the U.S. Supreme Court will hear a case challenging Trump‘s “reciprocal” country-by-country tariffs. Lower courts have ruled against those duties; if the Supreme Court agrees, it could reshape Trump’s tariff strategy and the revenue tied to it.

New U.S. duties in October:

Kitchen cabinets and vanities: effective Oct. 1
Timber and certain wood products (including furniture): effective Oct. 14

Mexico pause ending: A U.S. pause on tariffs for Mexican goods is also set to expire early next month.

The administration is signaling a harder line on trade with China—backed by a 100% tariff and new export controls—while legal and diplomatic cross-currents (including a pending Supreme Court case and ongoing negotiations) could still shift the path ahead.

Inflation Spot Market Liquidity interest rates inflationary Non-farm payrolls Stock Market News Breaking News

Saxo Review 2026: Withdrawal Issues, Account Blocks & Execution Complaints Exposed

Did the Saxo broker reject your withdrawal requests after allowing some initially? Did your account get blocked while attempting a withdrawal? Have you suffered a glitch in your trade orders by Saxo, including the stop-loss? There have been many such complaints regarding Saxo on several broker review platforms. Among the complaints, we have focused on the recent ones, with most being reported in 2026. This gives you an idea of the current state. Before that, we will have a slight glance at its product offerings. Let’s start investigating in this Saxo review article.

Original 2026-04-22 20:30

Axi Says 46% of Clients Now Hold Crypto Exposure

Axi says 46% of its clients now hold crypto exposure across spot ownership, CFDs, and perpetual contracts, as brokers continue adding more crypto access options.

Original 2026-04-22 15:23

Good News for Rupee Derivative Traders as RBI Lifts Curbs on Banks

In what would lift the mood of rupee derivative traders, the Reserve Bank of India (RBI) partially lifted some restrictions on rupee derivative trades imposed by the regulator on April 1, 2026. On this day, the central bank prevented banks from issuing non-deliverable forwards to clients and barred companies from reassessing forward contracts as part of its strategy to counter arbitrage trades, which caused fluctuations in the rupee’s exchange rate. The central bank further prevented banks from signing FX derivative contracts involving the rupee with their associated parties. Read on!

Original 2026-04-21 22:18

Trader's Way Legitimacy Check: Is This a Fake Broker or a Legitimate Trading Partner?

When looking into a forex broker, the most important question is always about safety. For many traders asking, "Is Trader's Way legit?" The answer needs careful research based on facts. The most important finding from our research is that Trader's Way works as a broker without proper oversight. This fact alone is a major worry for any trader, no matter how much experience it has. Making this problem worse is the fact that official financial watchdogs have warned against them, and many users have made serious complaints that question whether the broker is honest and raise the possibility of it being a Trader's Way scam. While the broker's website may show attractive features such as high leverage and low minimum deposits, this article will examine the available information. We will look past marketing claims to give you a clear, fact-based view, helping you make a truly informed decision about whether this is a partner you can trust with your funds.

Original 2026-04-15 14:55