Trump to hike China tariff to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels

fortune.com/2025/10/10/trump-china-tariff-trade-war-rare-earths-software-export-controls

President Donald Trump said Friday that he will impose an additional 100% tariff on China and limit U.S. exports of software, escalating the trade war after months of it appearing to ease toward a resolution.
The latest salvo came after China restricted its exports of rare earths, which…

This story appeared on fortune.com, 2025-10-10 22:13:48.
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