Brief by Shorts91 Newsdesk / 03:56am on 11 Oct 2025,Saturday Business
U.S. President Donald Trump has announced that from November 1, the United States will impose an additional 100% tariff on all Chinese imports, alongside new export controls on critical software. He stated the move aims to curb Beijing’s “unfair trade practices” and protect American industries. The decision is expected to escalate tensions between Washington and Beijing, potentially disrupting global supply chains, particularly in electronics, EVs, and manufacturing sectors. Economists warn the tariff war could trigger price hikes and market volatility ahead of the U.S. elections. (PC: PTI)
