Trump Backs Off: Says 100% China Tariffs “Can’t Last,” but Defends the Move
U.S. President Donald Trump admitted that his 100% tariffs on Chinese goods can’t continue forever, though he said he had no choice but to impose them. His comments come as the U.S. and China face new trade tensions — this time over critical minerals and rare earth exports.
“China Forced My Hand,” Trump Says
In an interview with Fox Business, $TRUMP
Trump said the tariffs are “unsustainable,” but insisted they were necessary. “They made me do it,” he said.
Trump also announced new export limits on certain software, starting November 1
Trump defended his actions as protective, not aggressive: “China has been taking advantage of us for years. Now we’re finally setting rules to protect America.”
Trump confirmed that he will meet Chinese later this month, hoping to ease tensions. “I think we’ll be fine with China,” he said. “But it has to be a fair deal.”
Rare Earths and Global Competition
China’s limits on rare earth exports are hurting U.S. tech makers, especially those producing chips, batteries, and military equipment. Experts warn this could disrupt U.S. industries.
Critics say Trump’s tariffs and export bans could backfire — increasing costs for American manufacturers and worsening inflation. But the White House insists the plan will help America become more independent and bring jobs back home.
Americans Growing More Frustrated
At home, many Americans are unhappy with Trump’s economic policies. A CNBC survey found:
56% disapprove of his tariff policy
62% disapprove of his handling of inflation
Only 42% approve of his handling of the economy, and his overall approval rating has dropped to 44%, with 52% disapproval.
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