US President Donald Trump on Monday suggested that he might reduce tariffs on Chinese goods, but only if Beijing agrees “to do things” for the United States. These concessions include buying more US soybeans, halting restrictions on rare earth minerals, and other security concerns. Speaking with reporters aboard Air Force One, he said, “They're paying us a lot of money, tremendous amount of money in tariffs, and they'd probably like to have it be less. We'll work on that, but they have to give us some things too." These comments come after the US announced an additional 100% tariff on Chinese imports to the country, effective from November 1, in response to China’s restrictions on rare earth mineral exports. This took the overall duty to a staggerring 130%. 'No longer a one
Tariff war: Trump says he’s ‘not looking to hurt China’; lists key demands for trade deal

43