Trump suggests calling off Xi meeting after blasting China for restricting rare earths exports

Trump suggests calling off Xi meeting after blasting China for restricting rare earths exports Updated 14 mins ago President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says on his social media site: “One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America." Trump says, "There are many other countermeasures that are, likewise, under serious consideration.”