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Trump threatens tech export limits, new 100% tariff on Chinese imports

President Donald Trump speaks in the Oval Office of the White House, Friday, Oct. 10, 2025, in Washington, as Virginia Gov. Glenn Youngkin, Centers for Medicare & Medicaid Services administrator Dr. Mehmet Oz and Health and Human Services Secretary Robert F. Kennedy Jr., listen.

President Trump threatened to place an additional 100% tax on Chinese imports starting on Nov. 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a recession.

(Image credit: Alex Brandon)