Trump Imposes 100% Tariffs on China Imports, Stocks Rally; Market Focus Shifts to CPI Data

President Trump announced a sweeping tariff of 100% on all Chinese imports, taking effect November 1, 2025. The move follows escalating trade tensions between the US and China, which are also impacting rare earth and battery exports from China. This policy has triggered immediate market reactions with a rally in stock markets following weeks of heightened uncertainty. The focus now shifts to Friday’s crucial US September CPI data, expected to significantly impact the Federal Reserve’s monetary policy decisions.