World News@lemmy.worldEnglish · 2 days ago

Trump threatens 'massive' tariff hike on China over rare earths dispute

www.cnbc.com

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Trump threatens 'massive' tariff hike on China over rare earths dispute

www.cnbc.com

RandAlThor@lemmy.ca to

World News@lemmy.worldEnglish · 2 days ago

Stock markets dropped on Trump's bellicose Truth Social post that said China is "becoming very hostile" in seeking tough export controls on rare earths.

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.

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Carvex@lemmy.world
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2 days ago
I’m convinced by this point he does not know what that word means but his people cheer when he says it.
- Remember_the_tooth@lemmy.world
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  It’s okay. The think tanks, megadoners, and PACs with their arm up his puppet sleeve definitely know how tariffs work.

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