International Business and TradePolicy

China Responds to Trump’s 100% Tariff Threat With Firm Stance on Trade Negotiations

China has declared it will not back down from President Donald Trump’s threat of 100% tariffs on Chinese imports. The Commerce Ministry emphasized China’s willingness to negotiate while warning of reciprocal measures if the US proceeds with the tariff increase.

In a significant escalation of trade tensions, China has vowed to stand firm against President Donald Trump’s threat of 100 percent tariffs on Chinese imports, marking the latest development in the ongoing US-China trade war. The Chinese Commerce Ministry issued a statement Sunday emphasizing that while China prefers negotiation over confrontation, it is prepared to respond with equivalent measures if the United States implements the proposed tariff increase scheduled for November 1.

China’s Official Response to Tariff Threats

International Business and TradePolicy

Trump Tariffs Wipe Billions from Markets as AI Stock Rally Stalls

President Trump’s announcement of 100% tariffs on China triggered massive market losses, erasing nearly $800 billion from tech stocks. The move halted the sustained AI-driven rally that had propelled markets to record highs. Experts analyze the implications for artificial intelligence investments and market stability.

Artificial intelligence stocks face unprecedented pressure as President Trump’s tariff announcement triggers the largest market decline since April, wiping out nearly $800 billion in value from major technology companies. The S&P 500 and Nasdaq Composite experienced their most significant single-day drops in months, halting what had been a sustained rally driven primarily by AI innovation and investor enthusiasm for companies like OpenAI and Nvidia.

AI-Driven Market Rally Faces Reality Check