Trump Threatens to Cancel Meeting with China's Xi and Impose New Tariffs

Core Viewpoint - The U.S. president is considering economic retaliation in response to China's new restrictions on the export of rare earth minerals, which are essential for U.S. automakers and defense manufacturers [1] Group 1 - China's new restrictions on rare earth mineral exports could significantly impact U.S. industries reliant on these materials [1] - Rare earth minerals are critical supplies for both the automotive and defense sectors in the U.S. [1]