President Donald Trump speaks during a roundtable meeting on antifa in the State Dining Room at the White House, Wednesday, Oct. 8, 2025, in Washington. (Photo: AP/PTI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

US President Donald Trump warned on Friday that there was "no reason" to meet Chinese leader Xi Jinping during his upcoming trip to South Korea.

The threat came just a day after Beijing announced new restrictions on rare earth exports essential to American industries, prompting fears of renewed economic instability.

Posting on his Truth Social platform, Trump said his administration was weighing a 'massive increase' in tariffs on Chinese goods, alongside "many other countermeasures under serious consideration."

While the president has not formally cancelled

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