अमेरिकी राष्ट्रपति :डोनाल्ड ट्रंप का चीन के आयात पर 100% टैरिफ लगाने पर अमेरिकी अर्थव्यवस्था पर प्रभाव
President Donald Trump's announcement of additional 100% tariffs on Chinese imports sent shockwaves through global markets on Friday, wiping out $2 trillion from U.S. stock values in a single trading session and plunging cryptocurrencies into their worst crash of the year.The dramatic escalation in trade tensions came after China imposed sweeping export controls on rare earth minerals, prompting Trump to threaten "massive" new tariffs effective November 1, while suggesting he may cancel a scheduled meeting with Chinese President Xi Jinping later this month.
Markets Suffer Worst Day Since April:-
The S&P 500 plummeted 2.7% on Friday, marking its steepest decline since April when Trump's previous tariff threats triggered similar market turmoil. The Dow Jones Industrial Average fell 879 points, or 1.9%, while the tech-heavy Nasdaq Composite suffered the heaviest losses, dropping 3.6%.[1][2][3][4]
According to Bespoke Investment Group, approximately $2 trillion in market capitalization vanished following Trump's Truth Social post. Major technology stocks bore the brunt of the selloff, with the so-called "Magnificent Seven" companies losing $500 billion in market value. Nvidia shares dropped 5%, while Advanced Micro Devices fell nearly 8%. Apple and Tesla also declined by 3% and 5%, respectively.[5][1]
Cryptocurrency markets suffered even more dramatic losses, with Bitcoin crashing over 12% and Ethereum falling 11.2% as over $19 billion in leveraged positions were liquidated. Other major cryptocurrencies including XRP, Dogecoin, and Solana saw declines ranging from 15% to 30%.[6][7][8]
Citations:
[1] Trump's 100% tariffs on China: How Chinese rare earth export curbs may ignite next trade war https://indianexpress.com/article/explained/explained-economics/trump-100-tariffs-china-rare-earth-export-curbs-trade-war-10301010
[2] Trump announces new 100% tariff on Chinese imports, after stock market sell-off https://abcnews.go.com/Politics/trump-threatens-massive-tariffs-china-triggering-stock-market/story?id=126405187
[3] US stock market tumbles today; is October really Wall Street's 'crash ... https://economictimes.com/news/international/us/us-stock-market-crash-today-sparks-fear-is-october-really-wall-streets-crash-month/articleshow/124466142.cms
[4] Stock market today: Dow sinks 800 points, S&P 500 and Nasdaq ... https://finance.yahoo.com/news/live/stock-market-today-dow-sinks-800-points-sp-500-and-nasdaq-see-worst-day-since-april-as-trumps-renewed-tariff-threats-spook-wall-street-200026352.html
[5] Wall Street drops from record highs after Trump warns ‘massive' tariffs on China https://www.freep.com/story/money/business/2025/10/11/wall-street-rally-defied-gravity-big-speed-bump/86626088007
[6] Bitcoin extends losses after Trump threatens fresh tariffs and export curbs https://au.investing.com/news/cryptocurrency-news/bitcoin-extends-losses-after-trump-threatens-fresh-tariffs-and-export-curbs-4056765
[7] Crypto crash: Bitcoin and Ethereum plummet after Trump imposes 100 per cent tariffs on China - Yahoo Finance https://uk.finance.yahoo.com/news/crypto-crash-bitcoin-ethereum-plummet-094802969.html
[8] Why two major cryptocurrencies have plunged in value https://www.independent.co.uk/bulletin/news/crypto-bitcoin-crash-trump-china-b2843658.html
China's Rare Earth Export Controls Spark Retaliation:-
The market chaos began after China announced expanded export restrictions on rare earth elements on Thursday, requiring foreign companies to obtain special permits for shipping these critical minerals. The new controls target five additional rare earth metals, bringing the total under Chinese restrictions to 12 out of 17 elements.[1][2][3][4]
China dominates approximately 70% of global rare earth mining and over 90% of processing and magnet production. These elements are essential for manufacturing semiconductors, electric vehicles, military weapons systems, and consumer electronics.[4][5][6][7][1]
Trump responded forcefully on Truth Social, calling China's move "extraordinarily aggressive" and accusing Beijing of holding the world "captive" through its rare earth monopoly. "China is becoming very hostile," Trump wrote, announcing that the U.S. would impose "a Tariff of 100% on China, over and above any Tariff that they are currently paying" starting November 1.[5][7][8][9]
The president also threatened export controls on "any and all critical software" from American companies, marking one of the most sweeping trade escalations since the U.S.-China tariff conflict began.[7][10][5]
Citations:
[1] China tightens export controls on rare-earth metals: Why this matters https://www.aljazeera.com/news/2025/10/10/china-tightens-export-controls-on-rare-earth-metals-why-this-matters
[2] China expands rare earth export restrictions ahead of possible Trump-Xi meeting https://www.cnbc.com/2025/10/09/china-expands-rare-earth-export-restrictions-ahead-of-possible-trump-xi-meeting.html
[3] China expands rare earths restrictions, targets defense and chips users https://www.reuters.com/world/china/china-tightens-rare-earth-export-controls-2025-10-09/
[4] How China's new rare earth export controls work | Reuters https://www.reuters.com/world/china/how-chinas-new-rare-earth-export-controls-work-2025-10-10/
[5] Trump threatens tech export limits, new 100% tariff on Chinese imports https://www.kpcw.org/npr-top-stories/2025-10-11/trump-threatens-tech-export-limits-new-100-tariff-on-chinese-imports
[6] Trump's 100% tariffs on China: How Chinese rare earth export curbs may ignite next trade war https://indianexpress.com/article/explained/explained-economics/trump-100-tariffs-china-rare-earth-export-curbs-trade-war-10301010
[7] Trump announces new 100% tariff on Chinese imports, after stock market sell-off https://abcnews.go.com/Politics/trump-threatens-massive-tariffs-china-triggering-stock-market/story?id=126405187
[8] Trump puts extra 100% tariff on China imports, adds export controls on 'critical software' https://www.cnbc.com/2025/10/10/trump-trade-tariffs-china-software.html
[9] Trump tariffs live updates: Trump says US will impose additional 100 ... https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-says-us-will-impose-additional-100-tariff-on-chinese-goods-in-november-as-trade-war-escalates-162418584.html
[10] Bitcoin extends losses after Trump threatens fresh tariffs and export curbs https://au.investing.com/news/cryptocurrency-news/bitcoin-extends-losses-after-trump-threatens-fresh-tariffs-and-export-curbs-4056765
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