Trump Announces 100% Tariff on China, Escalating Trade War

President Trump has announced a 100% tariff on Chinese goods, effective November 1, marking a significant escalation in the ongoing trade war between the U.S. and China. This decision raises concerns about potential economic fallout, including higher consumer prices and retaliatory measures from China. The global market is closely monitoring the implications of this bold move, which reflects deepening tensions between the two largest economies.