Overview

• President Donald Trump announced an additional 100% tariff on Chinese imports with implementation targeted for November, tying the timing to progress in talks.
• China tightened export controls on rare‑earth mining and processing technologies on October 9 and followed with a Qualcomm antitrust probe plus extra port fees for U.S. ships.
• The U.S. Trade Representative said Washington will consider decisive steps within days if no path to progress emerges in negotiations.
• China’s dominance in rare‑earth processing has already shown bite this year, with earlier restrictions briefly halting some U.S. auto production.
• After a spring cycle of tariff hikes and a May rollback agreement, Trump also signaled possible broader U.S. export curbs, including on critical software, while sending mixed signals about an end‑of‑month meeting with Xi Jinping.