Trump says he wants to be
Summary
US President Donald Trump announced the US will impose a 155% tariff on Chinese goods starting November 1, emphasizing national security despite wanting amicable ties with China. The move targets China's support of Russia via energy trade and includes export controls on critical software.
Key Points
- US President Donald Trump announced a 155% tariff on Chinese goods effective November 1.
- Trump expressed a desire to maintain friendly relations with China but cited unfair past economic dealings.
- The tariffs are framed as a tool for national security and to address indirect support to Russia through energy trade.
- Export controls on critical software will also be imposed starting the same date, as a response to China's aggressive trade stance.
