Trump Announces 155% Tariff on China

US President Donald Trump said new tariffs on China will take effect on November 1, raising rates to 155%. He argued the move was necessary, claiming previous US leaders had allowed China to “take advantage” of the country.

Speaking at a Diwali event at the White House, Trump said he would only meet Russian President Vladimir Putin if it proved worthwhile. “I don’t want a pointless meeting,” he said, while leaving open the possibility of future talks.

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