Trump Threatens Xi Meeting as Tensions Rise
POLITICS
Negative Sentiment

Trump Threatens Xi Meeting as Tensions Rise

President Donald Trump threatened to cancel an expected meeting with China’s Xi Jinping after Beijing tightened rare‑earth export rules, accusing China of “becoming very hostile” and warning of a “massive” tariff hike. The S&P 500 fell about 1.4% in late‑morning New York trading. China opened a monopoly probe into Qualcomm and announced new port fees for ships with U.S. ties. Brookings fellow Jonathan Czin said Xi is seeking to shape upcoming talks in a fragile détente, noting the rare‑earth directive hasn’t taken effect yet.

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#trump #china #trade #tariffs #diplomacy

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