Donald Trump threatens to increase tariffs on China
Donald Trump strains his relationship with China again by announcing that he could increase tariffs on its exports
In response to the position taken by the Chinese government by establishing controls on the export of critical rare lands, Donald Trump announced that he could increase tariffs on his products.
Through a lengthy message posted on the Truth Social platform, the 79-year-old Republican acknowledged being surprised by the new position taken from Beijing, which also extends the controls over their production technologies and their uses outside their borders, including military applications and even semiconductors.
“Some very strange things are happening in China! They are becoming very hostile and are sending letters to countries all over the world stating that they want to impose export controls on all rare earth production elements, and virtually anything else they can think of, even if it's not made in China. No one has seen anything like this, but it would essentially 'saturate' the markets and make life difficult for virtually every country in the world, especially China,” he explained.
Trump then indicated his willingness to raise tariffs to somewhat offset the impact that the global economy could face from the strategy implemented by the “Asian Giant.”
“Depending on what China says about the hostile 'order' they just issued, I will be forced, as President of the United States of America, to financially counter their action. For every element that they have been able to monopolize, we have two,” he warned.
The conservative politician even described as unnecessary the scheduled meeting with Chinese leader Xi Jinping, which was planned to take place later this month in South Korea, within the framework of the Asia-Pacific Economic Cooperation (APEC) summit.
“I have not spoken with President Xi because there is no reason to do so. This was a real surprise, not only for me, but for all the leaders of the free world. I was scheduled to meet with President Xi in two weeks, at APEC, in South Korea, but now it seems there is no reason to do so,” he emphasized.

