Trump cited export controls that China imposed on rare earths from that country. Trump also threatened to cancel his upcoming meeting with Chinese President Xi Jinping because of the dispute.

  • aarch0x40@lemmy.world
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    1 day ago

    🙄 …because that tactic has been working out so well thus far. Pretty convinced it’s the only international political strategy he knows in addition to bombs.

    • Remember_the_tooth@lemmy.world
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      1 day ago

      To be fair, the tariffs are having their intended effect. They’re working quite well for the ultra wealthy for whom they were designed. The inevitable financial fallout is a problem for the future, but it doesn’t really matter because workers and consumers will be left holding the bag as usual.