Overview

• The Trump administration said the additional 100% duty will take effect on November 1, 2025.
• The action follows China’s October 9 decision to tighten rare‑earth export controls, which the U.S. deems critical for defense, EVs and clean energy.
• India’s export body FIEO said higher U.S. tariffs on China could redirect orders toward India, which shipped about $86.5 billion to the U.S. in 2024–25.
• Textile and toy exporters report fresh interest from American buyers, with Target among those reaching out for new products.
• Think tank GTRI expects higher global prices for EVs, wind turbines and semiconductor parts, with ripple effects for Mexico, Canada and several Asian economies as India–U.S. trade talks continue and U.S. duties on Indian goods are reported near 50%.