US Edition
Trump claims Xi just ‘had a bad moment’ after minerals crash rocks markets
- On Sunday, US President Donald Trump said `The U.S.A. wants to help China, not hurt it!!!` and planned extra levies starting November 1 over export curbs on rare-earths.
- China's new export curbs on rare-earths, described by Washington as 'extraordinarily aggressive,' matter because rare earths are critical for smartphones and electric vehicles.
- Current duties show Chinese goods face 30 percent US levies, while Trump's threats included an additional 100 percent tariff and China's retaliatory tariffs stand at 10 percent.
- Wall Street traders sent stocks lower as they feared the trade war could reignite, while Beijing's Ministry of Commerce accused Washington of unfairness, calling the tariff threat a 'typical example of "double standards".'
- The commerce ministry noted measures had been ratcheted up since September, and Trump's Friday statements, including a threat to cancel a meeting with Xi later this month, heightened diplomatic strain.
138 Articles
138 Articles
China Says It Did Not Reignite Trade Tensions with the u.s., Claims It Was Trump | News Channel 3-12
By Juan Liu, CNN President Donald Trump expressed shock at China's "shocking" decision to implement sweeping controls on rare earth exports, accusing the country of "becoming very hostile." But according to Beijing, it was Washington's expansion of restrictions on Chinese companies that heightened tensions and prompted it to further tighten its control over critical minerals essential for the production of a wide range of electronics, automobile…
President Trump Tells China: FAFO – California Globe
The kids have a saying these days, “FAFO.” If you don’t have a Gen Zer in the house, let me translate: “F— around and find out.” That’s what President Donald Trump told the Communist government of China on Friday afternoon when he announced an additional 100% tariff on all Chinese products over and above all existing tariffs. Earlier last week, the Communist government of China announced that it would impose new export restrictions on rare ear…
Washington. U.S. President Donald Trump said yesterday that his country wants to “help China, not harm it,” taking a conciliatory tone days after announcing an additional 100 percent tariff to the world’s second largest economy.
U.S. Relations With China Just Went Down the Tubes - LewRockwell
Did we just witness the economic trigger event that will cause the dramatic stock market crash that we were just warned about? On Friday, U.S. stock prices absolutely plummeted once President Trump announced that China’s new rare earth export restrictions would be countered by “a massive increase” in tariffs on Chinese imports into the United States. If tariff rates go above 100 percent, many Chinese-made goods that are currently filling our s…
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