China clarifies rare earth controls
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President Trump retaliated against China's export controls on rare earths after suggesting he also would cancel a meeting with Chinese President Xi Jinping.
6don MSN
Trump threatens tech export limits, new 100% tariff on Chinese imports starting Nov. 1 or sooner
The president said on his social media site that he is imposing these new tariffs because of export controls placed on rare earth elements by China.
President Trump claimed that the import taxes paid by Americans have also been ‘very important’ for ‘national security’
Scott Bessent said, “85 US senators are willing to give President Trump the authority to put up to 500% tariffs on China for the purchase of Russian oil.”