Trump adds 100% tariffs on China over rare earth export controls

On Oct. 10, 2025, President Trump announced he would hit Chinese goods with a 100% tariff over and above any tariff they are currently paying, in response to China instituting export controls on rare earth minerals. The announcement immediately sent U.S. stocks lower.

China had imposed limits on rare earth minerals the day before. Trump said he is unhappy about China's hostile move to limit access to rare minerals and may cancel an upcoming meeting with President Xi Jinping scheduled for South Korea.

Trump adds 100% tariffs on China over rare earth export controls

People, bills, and sources

Al Jazeera: China Export Control Specifications

CNBC: Trump-Xi Meeting Status After Tariff Escalation

Fortune: U.S.-China Trade Talks Continue Without Agreement

Axios: Stock Market Plunges on China Trade Escalation

CNBC: How Tariffs Would Hit Apple Supply Chain

CNBC: Stock Market Drops 800 Points on Trump Tariff Threat

CNBC: Sector Analysis of 100% China Tariffs

CNBC: China Rare Earth Export Control Details

CNN: Commerce Department Export Control Timeline

NBC News: Trump China Trade Deal Remains Elusive

Reuters: Stock Market Drops on Trump Tariff Threat

Reuters: China Rare Earth Dominance Poses Security Risks

Reuters: China Imposes Rare Earth Export Controls

Federal Register: Commerce Department Export Control Expansion

Yale Budget Lab: Household Costs of Trump Tariffs

Discovery Alert: China Rare Earth Export Restrictions History

Chemical & Engineering News: MP Materials Production Analysis

Federation of American Scientists: Defense Production Act Analysis

Columbia Energy Policy: DPA Authority for Rare Earths

CNBC: Pentagon Rare Earth Investment for Defense Systems

MP Materials: Pentagon Partnership Announcement

CSIS: U.S. vs. China Rare Earth Production Capacity

GAO: Rare Earth Elements in Defense Supply Chain

PolitiFact: Trump says tariffs are paid by foreign countries—False