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October 14, 2025cryptonews logocryptonews

China Hits Back at Trump’s Tariffs with Rare Earth Restrictions — Wipes Over $500M from Crypto Market

China has tightened export controls on rare earth magnets, escalating tensions with Washington and triggering widespread turbulence across global markets, including a $7 billion sell-off in ￰2￱ move, seen as direct retaliation against President Donald Trump’s newly announced 100% tariffs on Chinese goods, has reignited fears of a full-scale trade war between the world’s two largest ￰3￱ 1.66 million crypto traders were liquidated as the market experienced a sharp downturn, wiping out $19.33 billion in positions. #Trump #Bitcoin ￰0￱ — ￰4￱ (@cryptonews) October 11, 2025 Following the announcement, over 1.66 million traders were wiped out in 24 hours , resulting in $19.33 billion in liquidated ￰5￱ and Ethereum alone accounted for nearly $10 billion of those losses, making it one of the year’s most severe deleveraging events.

Additionally, the Crypto Fear & Greed Index plunged from a “Greed” level of 64 on Friday to 27 (“Fear”) on Saturday, its lowest in six ￰6￱ Earth Exports Fall 31% as Beijing Tightens Controls The latest measures expand Beijing’s existing restrictions to five additional rare earth elements, including holmium and erbium, requiring export approval for any product containing more than 0.1% of Chinese-sourced rare ￰7￱ materials are essential to industries ranging from electric vehicles and wind turbines to advanced defense ￰8￱ China controlling more than 90% of global rare earth processing capacity, the new policy has raised concerns over potential supply chain disruptions and mounting production costs ￰9￱ familiar with the matter said Chinese magnet manufacturers have been facing tighter scrutiny on export license applications since ￰10￱ processes have lengthened, with applications increasingly returned for additional ￰11￱ still within the Commerce Ministry’s 45-day window, the review process now resembles that of April, when export delays caused magnet shortages and temporary shutdowns at several automotive ￰12￱ released Monday showed China’s rare earth exports plunged 31% in September, suggesting that the slowdown had already begun before the latest round of restrictions.

Beijing’s Ministry of Commerce has defended the controls, calling them “legitimate actions” intended to refine China’s export management system. “China has consistently and resolutely safeguarded its own national security,” a spokesperson said, adding that the measures align with international ￰13￱ has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they… — Trump Truth Social Posts On X (@TrumpTruthOnX) October 10, 2025 President Trump, however, responded on Friday with a social media post promising a 100% tariff on all Chinese imports, accusing Beijing of “extraordinarily aggressive” export ￰14￱ also warned of possible ￰15￱ bans on critical software beginning November ￰16￱ exchange rattled markets and cast doubt on a potential meeting between Trump and Chinese President Xi Jinping later this ￰17￱ fired back on Tuesday, vowing to “fight to the end” if the U.

S. escalates. “The United States cannot simultaneously seek dialogue while threatening new restrictive measures,” China’s commerce ministry said in a statement. Don’t worry about China, it will all be fine!

Highly respected President Xi just had a bad ￰18￱ doesn’t want Depression for his country, and neither do ￰19￱ ￰20￱ to help China, not hurt it!!! President DJT (TS: 12 Oct 12:43 ET)​​​‍​​‌‍​​‌‍​​​​​​‌‍​​​​‌‍​​​​​​​‌‍… — Trump Truth Social Posts On X (@TrumpTruthOnX) October 12, 2025 Trump appeared to soften his stance on Sunday, posting that “it will all be fine,” calling Xi “highly respected,” and saying the ￰21￱ to “help, not hurt” ￰22￱ Market Sinks $7B as China Tightens Rare Earth Controls The timing of Beijing’s move has also raised concerns within the crypto mining ￰23￱ earths are vital for GPU and ASIC chip manufacturing, meaning tighter Chinese export reviews could increase hardware costs and potentially impact mining difficulty and network hash rates in the short ￰24￱ Federal Reserve’s next moves could further sway ￰25￱ Chair Jerome Powell is set to speak Tuesday at the NABE Annual Meeting in Philadelphia , where investors expect clarity on rate-cut ￰26￱ Chair Jerome Powell’s speech tomorrow could trigger a crypto market crash as traders await guidance on interest rates and economic policy amid U.

S.-China trade tensions. #CryptoMarket #Powell #FederalReserve ￰1￱ — ￰27￱ (@cryptonews) October 13, 2025 Analysts say any hawkish tone could deepen the market downturn, while signs of policy easing may stabilize risk assets Despite the brief conciliatory tone, markets remained ￰28￱ Street suffered losses, with ￰29￱ stocks falling over 2%, while global commodities rallied as investors shifted to safe ￰30￱ surged to a record $4,200 per ounce, and silver climbed to $51.70. The crypto market bore the sharpest ￰31￱ $500M in leveraged positions were liquidated within hours of China’s announcement, as traders rushed to de-risk amid the mounting geopolitical uncertainty.

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