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Trump Suggests "Massive Increase" of Tariffs on China. Here's What's Behind the Threat

Trump threatens to call off meeting with Xi after Beijing's move on rare earths. U.S. President Donald Trump, right, said Friday he now sees no reason to meet with Chinese President Xi Jinping, and threatened new tariffs on Beijing.U.S. President Donald Trump on Friday threatened a "massive increase" of tariffs on Chinese goods and said he sees no reason to meet with Chinese President Xi Jinping, as the two countries are at loggerheads over U.S. access to critical minerals and other issues."It seems he is finally paying attention to the fact he is losing the trade war. Now it's time for him to push back. I've been predicting financial sanctions - I think that may be where this heads," said Doshi, who is also a Georgetown University professor and a former Biden administration official, in a social-media pos
Trump Suggests "Massive Increase" of Tariffs on China. Here's What's Behind the Threat

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