Overview
- President Trump set additional 100% tariffs on Chinese imports to take effect by November 1, then said the planned Trump–Xi meeting was not canceled and posted that the US wants to help China, not hurt it.
- China’s Commerce Ministry accused Washington of double standards, said it does not fear a trade war, and warned of decisive measures if the US persists.
- New Chinese export controls require government permissions for rare‑earth‑related technologies, including some shipments between third countries, with applications for military uses to be denied.
- China will impose port fees on vessels with US links starting Tuesday, while ships tied to Chinese firms or built in China face US charges from October 14.
- US stocks fell on the renewed tensions, as China reported stronger‑than‑expected September trade data that showed exporters leaning more on markets outside the United States.