Trump announces new 100% China tariff along with export controls on ‘any and all critical software’ over rare earth spat, as Chinese gov says it doesn’t want a trade war but is ‘not afraid of one’
US president Donald Trump announced a new 100% tariff on Chinese goods late last week, “over and above any tariff they are currently paying”, alongside new export controls on “any and all critical software”. The new restrictions come in the wake of rare earth export controls announced by the Chinese Ministry of Commerce earlier in…