US president Donald Trump on Friday accused China of taking a “sinister and hostile” step after Beijing imposed sweeping new export controls on rare earth elements, warning that he could respond with a “massive increase of tariffs” on Chinese goods entering the United States. In a post on Truth Social, the US President said “some very strange things are happening in China”, accusing Beijing of becoming “very hostile” by sending letters to countries around the world announcing plans to impose export controls on critical materials used in global manufacturing. “Nobody has ever seen anything like this,” Trump wrote, adding that such a move would “clog the markets, and make life difficult for virtually every country in the world, especially for China. ” The 47th POTUS said he had no

See Full Page