India, Oct. 11 -- United States President Donald Trump announced on Friday (local time) that he is going to impose 100 per cent tariffs on Chinese exports, starting November 1, over and above any other tariffs that China is paying, as the trade war between the two big economies has escalated.

Trump also said that apart from the tariffs, the US will also impose export controls on "any and all critical software".

Trump's hiked tariffs and export controls on its software has come in response to China's decision to export limits on rare earth minerals, which will also come into effect on November 1. The rare earth minerals are for tech and other kinds of manufacturing.

In a post on his own social media platform Truth Social, Trump wrote th...