POLITICS

Trump says 'there seems to be no reason' to meet Xi on Asia trip

President Donald Trump said there’s “no reason” to meet China’s Xi during his Asia trip and threatened a “massive” new tariff hike after Beijing tightened controls on rare earth exports. The remarks, posted on Truth Social, rattled markets, sending the S&P 500 down as much as 2%. China this week required special approvals to ship rare earths and related technologies abroad, with military-linked exports to be rejected. Trump called the move hostile and questioned its timing amid a Gaza ceasefire. Analysts warned the fragile tariff truce could unravel as both sides brandish economic leverage.

Reviewed by JQJO team

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