The latest news from the United States, on October 10th, local time, that is, a few hours ago, Trump announced that from November 1st, he would impose an additional 100% tariff on China in retaliation for China's recent actions. At the same time, the U.S. export control of key software against China will also begin on November 1.

Good guys, this means that the U.S. tariffs on China will return to the three-digit number, to a total of 130%. comments believe: China or soon to counter, China's tariffs on the United States is also very likely to quickly return to the three-digit number.

So why would Trump suddenly raise taxes on China again? he said when announcing the tariff increase: ¡°I¡¯m hard to believe China will take such a move, but they did!¡± he said ¡°China¡¯s action,¡± referring to the two days of October 9 and October 10, the Chinese Ministry of Commerce and the Ministry of Transportation.

On the same day on October 9, the Ministry of Commerce of China issued several announcements, all aimed at the issue of rare-earth minerals. China not only strengthened export control of rare-earth, but also clearly controlled the export of rare-earth-related technologies. There is no doubt that this broke Trump's backward path, he did not want to build a rare-earth industrial chain in the United States, he did not want to cooperate with other countries to build industrial chains, without China's technology and equipment, he was difficult to go on.

On October 10th, China's Ministry of Communications also took action. The Ministry of Transport announced that starting from October 14th, special port fees will be charged on American ships berthed in Chinese ports to counter the behavior of the United States imposing additional fees on Chinese ships.

The above two actions undoubtedly deeply stimulated Trump, which is why he said,"It's hard to believe that China would do this." But the problem is that the actions of China's Ministry of Commerce and the Ministry of Transport are completely reasonable and legal. Take the issue of imposing additional charges on American ships as an example. The United States did this first, and China was just responding equally.

It is worth mentioning that the U.S. finance minister Bessent, in the case of soybeans, has also spoken crazy. recently, Bessent in an interview with Fox News said clearly: "Al China has turned most soybeans orders to Brazil, but we will not allow the situation to continue to develop, I believe that in the end, China will have to go back to the U.S. to buy!"Where in the world there is such a strong buy and sell?

In summary, the escalation of the trade war between the US and China is inevitable, but the U.S. is now focused, not China.

1. The first pressure is the continuous shutdown of the US government. According to the latest news, since the shutdown time has reached 10 days and the pressure on spending has reached the upper limit, the Trump administration has begun to lay off employees. Next, let's see what this farce will develop into.

The second pressure, Brazil, Canada, South Africa including most ASEAN member states, have not yet reached an agreement with the Trump administration, this tariff war, Trump is not so easy to "decently" step down.

At present, the time of the fifth round of trade negotiations between China and the United States has not yet been decided, and there are still many unplayed cards in China's hand. Let's continue to pay attention to see how Trump shot himself in the foot in this war without smoke.