The increasing tension between America and China has once again shocked the global market. US President Donald Trump has announced that from November 1, 2025, 100% new tariffs will be imposed on all products imported from China, which will be in addition to the tariffs already in place. This announcement came at a time when China has started an antitrust investigation against American chip manufacturer Qualcomm. This investigation is related to the acquisition of Israeli chip designer company Autotalks by Qualcomm.
China launches antitrust investigation on Qualcomm
On October 10, China’s State Administration for Market Regulation (SAMR) announced that it was investigating Qualcomm. It is alleged that the company had not properly declared some details of the Autotox acquisition deal, thereby violating China’s competition laws. This deal was finalized in June 2025.
Qualcomm had earlier in 2015 also paid a fine of $975 million under China’s antitrust laws. According to reports, the company had stopped this deal in 2024, but it was completed this year. Autotox makes vehicle-to-everything (V2X) communication chips, which help prevent car accidents and make automotive technology smarter.
America’s big economic attack on China
The Trump administration has said that this major step has been taken in response to new export controls on China’s rare earth minerals and lithium batteries. The US President also said that America will take unilateral action, no matter what other countries do. He indicated that he may also cancel his meeting with Chinese President Xi Jinping at the APEC summit next month.
Trump also said that America will also implement export controls (export restrictions) on all important software. According to Stephen Wu, founder of Carthage Capital, China is not acting merely on a formal mistake. This is part of America’s strategy to put pressure on the chip and automotive supply chain.
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