Trump Threatens Massive Tariffs on China Over Rare Earths and Trade Disputes

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Source: CNBC
Trump Threatens Massive Tariffs on China Over Rare Earths and Trade Disputes
Photo: CNBC
TL;DR Summary

President Trump threatened to impose significant tariffs on Chinese imports over new export controls on rare earths, which are vital for high-tech industries, and criticized China's recent trade policies, potentially canceling a planned meeting with Xi Jinping amid escalating tensions.

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