WarMonitor on Nostr: U.S. President Donald J. Trump appears to be reconsidering the 100% tariff on Chinese ...

U.S. President Donald J. Trump appears to be reconsidering the 100% tariff on Chinese goods he announced Friday—a move that triggered the stock market’s steepest sell-off since April. In a post on Truth Social today, Trump wrote: “Don’t worry about China, it’s all going to be fine! The highly respected President Xi just had a bad moment. He doesn’t want a depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”

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U.S. President Donald J. Trump has announced a 100% tariff on all goods imported from China, along with new export controls on all critical software, set to take effect on November 1, 2025.