BREAKING: Is Donald Trump Signaling a Step Back on Tariffs? He Speaks Again

cryptonews.net 10/10/2025 - 23:04 PM

Trump’s Reaction to China’s Export Restrictions

US President Donald Trump reacted strongly to China’s decision to impose export restrictions. He announced that he would impose 100% tariffs on top of existing tariffs and stated that he would not meet with Chinese President Xi Jinping. However, Trump has softened his stance in recent statements.

Meeting Status

Trump stated today, “The meeting with Xi has not been canceled,” indicating that potential contact between the two leaders has not been completely ruled out. He also indicated that “other options for export controls may be considered,” but added, “I don’t know if I will meet with Xi.”

China’s Export Restrictions

In a post on Truth Social the day before, Trump noted that China had announced comprehensive export restrictions on “virtually all products” starting November 1, 2025. He called this decision “unprecedented in the history of international trade and morally shameful.” Trump announced that in response, the US would impose 100% additional tariffs on China starting November 1 and implement export controls on all critical software.

> This is not investment advice.




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