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Trump's 100% Tariff Sparks Escalating U.S.-China Trade War

10/20/2025

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Story summary
  • President Donald Trump seeks to ease tensions in the U.S.-China trade war.
  • He has announced a 100% tariff on Chinese goods and software restrictions.
  • In a Fox News interview, he said he wants a fair deal.
  • The United States tightened semiconductor exports to blacklisted Chinese firms, prompting retaliatory actions from China.
  • Political strategist Mark Penn warned the trade confrontation could be more challenging than Ukraine-Russia.
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