{"ac93844fd1c5f3ec67173f8d839ac0a7":"US President Donald Trump announced that he would impose 100% tariffs on imports from China and impose export controls on \u201call critical software\u201d in response to China\u2019s new export restrictions on rare earths.","11075a4297453bc34ad6d9f43a1b7a4c":"\u201cBecause China has taken this unprecedented step, I speak only on behalf of the United States: effective November 1, 2025 (or sooner, depending on any further steps China may take), the United States will impose 100% tariffs on China in addition to existing tariffs. On that same date, export controls will be imposed on all critical software,\u201d Trump said on Truth Social.","8ef5a481d6aa18f84581c2c0b3d88852":"Trump's announcement came after China expanded export restrictions on rare earth elements. These elements are vital to global technology and manufacturing sectors, and China holds a large share of the global market in these fields.","8f7c66f5d198ad763d7ad6a1d1a76d75":"Trump has indicated that he is considering canceling a meeting with Chinese President Xi Jinping, scheduled to take place in South Korea in about three weeks. China has never officially confirmed the meeting.","a9605c08e4c6a18664cf2a12493afc7d":"These statements marked the biggest diplomatic breach in four months and raised serious questions about whether the economic thaw between the world's two largest economies can continue.","bedabd00a54634377d493ef5ec16836b":"Related News: Bitcoin and Altcoins See Another Major Drop - Here's Why, Latest Data, and What You Need to Know! ","2690c9869790624c2bcaeaf98123a861":"Cryptocurrency markets plummeted following Trump's statements. Bitcoin fell 8.09% to $107,561 in the last hour. Ethereum (ETH) fell 10.09% to $3,673, and Solana (SOL) fell 13.36% to $176.88.","603c626a5b89a76e7a3600338a0b097f":"At its bottom, the BTC price fell to $102,000.","ddf1e8ba337e3f634a53d7de02ff1cf1":" Chart showing BTC price volatility.","a0629caae56581b5508771f0479d3d25":"Dogecoin (DOGE) fell sharply by 29% to $0.1663. As the overall market continues to experience high volatility, the total cryptocurrency market capitalization has fallen to around $2.15 trillion.","7a5189a72a129da36f70c3db2e852922":"The XRP price has also fallen to $1.84 and is currently at $2 at the time of writing.","b4459a590d75eecd66fd4fccc7fd6bdd":"*This is not investment advice.","621b4a576e5e7008d6c023793c03068c":" Continue Reading: Cryptocurrency Market Crashed! Bitcoin Hit $102,000, XRP and Dogecoin Suffered Massive Losses"}