President Trump has threatened a 100 per cent tariff on Chinese imports from November 1 in response to Beijing’s new rare earth export restrictions. The move heightens US-China trade tensions, risks global market disruption, and underscores the fragile state of economic diplomacy

Washington: President Donald Trump on Friday threatened to place an additional 100 per cent tax on Chinese imports starting on November 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession.

The president expressed frustration with new export controls placed on rare earth elements by China — and said on social media that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea.

Trump later told re

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