Trump Threatens to Raise Tariffs on China to 155%! PA Drops 400

Trump once again launched a late-night attack: If China and the U.S. do not reach an agreement, a 155% tariff will be imposed on China!

Zhuan Su Shi Jie has learned that at 12:51 AM Beijing time, Trump made a new statement—he is "confident" that a fair trade agreement can be reached with China. However, he abruptly warned that if an agreement cannot be reached, Chinese goods will face import tariffs as high as 155%!

According to Trade Night News, on Eastern Time October 20, 2025, U.S. President Trump made a series of statements regarding China-U.S. trade during a meeting at the White House with Australian Prime Minister Anthony Albanese. These statements involved...Tariff threats, trade agreements, plans to visit China, rare earth mineral supply chains, and aircraft exports

Here are the key points of the trade night voyage summary:

If an agreement is not reached before November 1, the tariff will rise to 155%.

Trump emphasized,If a trade agreement cannot be reached by November 1st, an additional 100% tariff will be imposed on goods imported from China, adding to the existing 55% tariff, totaling 155%.。

Trump said, "China is paying 55% and a potential 155% come November 1st unless we make a deal."

Trump says a trade agreement will eventually be reached.

Trump quickly shifted to optimism after the threat of a 155% tariff, expressing confidence that an agreement with China would be reached.Wonderful”“Fair"The agreement emphasizes that this will be beneficial for both countries and the world."

Trump said, "I think we’re going to end up having a fantastic trade deal with China."

"I think we’ll make a deal."

Trump confirms meeting in South Korea at the end of this month.

At the same time,Trump confirmed that he will meet with China at the APEC summit in South Korea at the end of this month. He specifically mentioned his hope that China will increase its purchases of American agricultural products, such as soybeans, to restore related trade.。

"I think when we finish our meetings in South Korea, China and I will have a really fair and really great trade deal together. I want them to buy soybeans... It's going to be fantastic for both countries, and it's going to be fantastic for the entire world."

Trump will visit China early next year.

Trump stated that he plans to visit China in early 2026 to further advance bilateral dialogue. Trump said, "I have received an invitation to visit China, and I may go early next year. Everything is basically confirmed.”。

5. Rare Earth Minerals and Supply Chain

During the meeting, Trump and Albanese signed a key mineral agreement worth $8.5 billion aimed at reducing dependence on China. Trump emphasized the timeliness of the agreement and humorously commented on its value.

Trump said, "We'll have so much critical minerals and rare earths that you won't know what to do with them."

6. 威胁飞机出口管制

Trump hinted at the possibility of restricting the export of aircraft technology to China as an "alternative option" to rare earth controls, but prioritized reaching an agreement.

"They can't get parts for their airplanes. We build their airplanes."

II. Latest Plastic Prices

(The above is organized from Trade Night Navigation and Dayi You Plastic)