United States President Donald Trump said on Friday, October 17, that his proposed 100 per cent tariffs on Chinee imports would not be sustainable, as he hoped that ties with the country would be fine when he meets President Xi Jinping in South Korea in two weeks. The US President also blamed China for the latest setback in trade talks, citing Beijing’s move to tighten control over its rare earth exports.
“I think we're going to be fine with China, but we have to have a fair deal. It's got to be fair,” Donald Trump said. Also Read | 85 Senators back 500% tariff on China for buying Russian oil, says Scott Bessent
Trump unveiled additional levies of 100 per cent on China's US-bound exports a week ago, along with new export controls on “any and all critical software” by November 1, nin