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.
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.
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.