President Donald Trump announced Friday he would implement new 100% tariffs on imports from China starting next month in response to what he called "aggressive" moves by China regarding export controls. In a social media post, Trump said the new tariffs would take effect Nov. 1.

The president said on his social media site that he is imposing these new tariffs because of export controls placed on rare earth elements by China.

President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month — marking a significant escalation in the U.S.-China trade war.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

Hours before US President Donald Trump announced 100 per cent tariffs on Chinese goods, “over and above any Tariff that they are currently paying,” reports are emerging that China opened an investigat

China trade tensions saw President Trump announce a 100% tariff on Chinese imports, effective November 1. In response, China launched an antitrust probe into US chip giant Qualcomm over its acquisition of Autotalks.

The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing's effort to "better safeguard world peace and regional stability."

China said earlier Sunday the US should stop threatening it with higher tariffs and urged further negotiations to resolve outstanding trade issues.