Beijing decided to implement tighter restrictions on rare earths exports that are needed for advanced technologies. In response, Trump threatened additional tariffs on Chinese imports.
Breakdown
- US and Chinese officials say a trade deal is close.
- President Trump is in Asia and will meet Xi Jinping in South Korea. 10s
- China recently imposed tighter restrictions on rare earth exports. 32s
- Trump responded by threatening more tariffs on Chinese imports. 37s
- Trump remains confident that both countries want to make a deal. 41s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.