US President Donald Trump threatened to slap tariffs of up to 155% on Chinese imports starting November 1, warning that a failure to strike a trade deal would trigger one of the most severe economic escalations between Washington and Beijing in years.

Speaking from the White House alongside Australian Prime Minister Anthony Albanese, Trump said China had been “very respectful” but emphasized that Beijing was already paying “tremendous amounts” in existing tariffs. Advertisement

“China’s paying 55 per cent and a potential 155 per cent come November 1st unless we make a deal,” Trump said.

The warning follows Trump’s earlier post on Truth Social where he announced plans to impose an additional 100% tariff—on top of existing duties—if trade talks collapse. He also pledged to implement swe

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