President Donald Trump announced he would impose 100 percent retaliatory tariffs on China starting next month as well as new export controls on “critical software” after raging about China’s aggressive trade posturing.
The president made his announcement in a post on Truth Social late Friday. He said the tariffs will kick in on November 1.
Trump said he was going to take the dramatic step in response to China’s “extremely hostile letter to the World” that the country would begin imposing export controls on November 1.
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