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May 10, 2026
In a move that escalate the trade war between the United States and China, President Donald Trump on Friday imposed an additional 100 per cent tariff on Beijing. The 79-year-old Republican president also said the US would also put ‘export controls on any and all critical software’ that would come into effect from November 1.
In a long post on Truth Social, Trump accused China of taking an ‘extraordinarily aggressive position’ on trade by imposing ‘large scale export controls’ from next month on every product they make. This would affect all countries, he said, adding that China had devised this plan years ago.
“It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other Nations,” the US President said. “It is impossible to believe that China would have taken such an action, but they have, and the rest is History.”
