Name: Watch: Trump Speaks After Hitting China With 100% Additional Tariffs
Uploaded: 2025-10-10T23:09:00Z
Duration: 1 min 35 s
Description: President Trump announced a 100% additional tariff on China after Beijing placed new restrictions on the export of rare-earth minerals.

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"We're trying to build an infrastructure at a pace the world has never seen before," Said Mike Intrator, CEO of CoreWeave. This interview was recorded on Jan. 21, 2026, at the World Economic Forum meeting in Davos, Switzerland.

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President Trump announced a 100% additional tariff on China after Beijing placed new restrictions on the export of rare-earth minerals. Photo: Kent Nishimura/Reuters

https://m.wsj.net/video/20251010/82ba6d8a-36e1-4344-8ca5-60f283edab4c/1/hls/manifest-hd-wifi.m3u8

President Trump announced a 100% additional tariff on China after Beijing placed new restrictions on the export of rare-earth minerals.

Watch: Trump Speaks After Hitting China With 100% Additional Tariffs

Reporter: Just wanna confirm, have you canceled your meeting with President Xi.

No, I haven't canceled, but I don't know that we're gonna have it, but I'm gonna be there regardless. So, I would assume we might have it, but you know, they hit the world with something that really is not anything that people are gonna do. And it was shocking. I can tell you, Howard and I and Todd, we all, Scott, we were all speaking about it before and we said, where did that come from? It was just, that was out of the blue, right? Out of the blue they came up with this whole import export concept and nobody knew anything about it.

Reporter: If they roll back their export controls, the new announcement, would you roll back?

Well yeah Look, we're gonna have to see what happens. That's why I made it November 1st. We'll see what happens here. Go ahead please.

Interviewer: What else besides software could be on the table in terms of export control?

Oh, a lot more. A lot more. I mean, you have, but you have a lot more, we have airplanes, we have airplane parts. You remember that from last time. And we were just surprised at China. I have a very good relationship with President Xi and they did that. This is not something that I, you know, instigated. This was just a response to something that they did and they didn't really aim it at us. They aimed it at the whole world. The whole world is subject to it. So I thought it was very, very bad. But we have many things, including a big thing is air put, they have a lot of Boeing planes and they need parts and lots of things like that. Steve?