Trump Imposes Massive Tariff Hike on China, Triggering New Trade War.

President Donald Trump has implemented a dramatic escalation in the ongoing trade war with China, confirming a 130% tariff on selected Chinese goods effective November 1, 2025. This move marks a significant shift in US-China relations and is expected to significantly impact global markets. Alongside the tariffs, new export restrictions have been placed on key software sectors including AI, semiconductors, and advanced manufacturing tools, aiming to limit China’s access to vital U.S. innovations. The trade actions come as Trump prepares for his 2024 presidential campaign, signaling a return to his hardline stance on China.