Asia Insights Global Markets Research Economics - Asia ex-Japan We still see potential for a truce after renewed US- China tensions On Friday, 10 October, US President Trump announced a 100% tariff on all Chinese goods, effective 1 November 2025, in response to the raft of recent reprisals and offensives from Beijing, including new restrictions on rare earth mineral exports and associated processing technologies, port fees on ships linked to the US, an investigation into Qualcomm, and an import ban on US so ...