The U.S. will slap an additional 100% tariff on imports from China and impose export controls on all critical U.S.-made software from November 1, President Donald Trump said.

Washington

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

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President Donald Trump announced that the United States will implement an additional 100% tariff on imports from China and introduce export controls on all critical U.S.-made software. This decision comes in response to China's recent expansion of export controls on rare earth elements, which are crucial for technology manufacturing and where China holds a dominant market position.

The announcement led to significant declines in U.S. stock markets, with the S&P 500 and Nasdaq both falling sharply. Trump also indicated the potential cancellation of a planned meeting with Chinese President Xi Jinping, though Beijing had not confirmed the meeting. U.S. and Chinese officials did not immediately comment on the developments.

Trump hits Beijing with additional 100% tariffs in new rift

President Donald Trump said on Friday that the U.S. will add an additional 100 percent tariff on imports from China and impose export controls on all critical U.S.-made software from November 1. The announcement followed an earlier Truth Social post in which he signaled a quote massive tariff increase on Chinese goods and also threatened to cancel a meeting with President Xi Jinping after Beijing tightened its rare earth restrictions. In the post, he complained about what he characterized as China's plans to hold the global economy hostage as China dramatically expanded its rare earth element export controls on Thursday. China dominates the market for rare earths, which are essential to tech manufacturing. Trump's remarks sent markets and relations between the world's two largest economies into a spiral. The benchmark S&P 500 index plummeted Friday and the tech-heavy Nasdaq ended more than three and a half percent lower. Trump was due to meet Xi in about three weeks in South Korea but said there was no longer any reason to hold the meeting. Beijing had never confirmed the meeting between the leaders. The White House and the Chinese embassy in Washington did not immediately respond to a request for comment. A spokesperson for the U.S. trade representative declined to comment on what countermeasures Trump was contemplating.

Layoffs of federal workers begin as the government shutdown enters Day 10, OMB Director Russ Vought says. Some federal employees received notices Friday telling them they will be laid off in 60 days, CBS News has confirmed. Nancy Cordes has more.

Federal workers start receiving layoff notices amid shutdown

French President Emmanuel Macron on Friday named Sebastien Lecornu as prime minister, reappointing him after he quit the job earlier this week.

Paris

Macron reappoints Lecornu as French PM days after he quit the job

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McEwen

Deadly explosion at military explosives facility in Tennessee

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Chicago

Judge temporarily blocks National Guard deployment to Illinois

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Jerusalem

Middle East Conflict

Gaza ceasefire agreement has come into effect, Israeli military says

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Stockholm

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New York

NY Attorney General Letitia James indicted on federal fraud charges

China dramatically expanded its rare earths export controls on Thursday (October 9), adding five new elements and extra scrutiny for semiconductor users as Beijing tightens control over the sector ahead of talks between Presidents Donald Trump and Xi Jinping.

Beijing

China tightens rare earth export controls ahead of U.S. talks

A French court on Thursday (October 9) rejected the appeal of a former construction worker found guilty last year of the aggravated rape of Gisele Pelicot, and increased his prison sentence by a year to 10 years, his lawyer said

Sentence increased for man convicted of raping Gisele Pelicot

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Davao Oriental

Philippines hit by 7.4 magnitude earthquake, at least two dead

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Quito

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Tel Aviv-Yafo

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Alexandria

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Kyiv

Ukraine Invasion

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Pyongyang

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Los Angeles International Airport

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Cairo

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Los Angeles

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Sharm El-Sheikh

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Trump hits Beijing with additional 100% tariffs in new rift

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