New Excess Tariffs on China Hurting the US Markets - Trade War

The Trump administration is raising tensions with potential new HIGH tariffs against China thus disrupting global trade impacting the world economy.

The new 100% U.S. tariffs on Chinese goods were set to begin November 1, 2025—are escalating trade tensions and already impacting both China’s economy and American farmers, especially soybean producers.

Here’s a breakdown of the key effects:

• Export Slowdown: The tariffs target a wide range of Chinese imports, raising total duties to as high as 130% on some goods. This is expected to significantly reduce Chinese exports to the U.S., especially in sectors like electronics, furniture, and machinery.

• Economic Retaliation: China, which controls about 70% of global scarce resource production, has responded by expanding export controls on rare earth elements and refining technologies—materials critical for semiconductors, EVs, and defense systems.

• Tech Sector Pressure: The U.S. is also imposing export controls on “any and all critical software,” which could disrupt Chinese access to essential U.S. technologies.

• Global Trade Fallout: China’s aggressive export curbs have drawn criticism from multiple countries, not just the U.S., potentially isolating Beijing further in global trade networks…