US President Donald Trump says his country is calculating an increase in tariffs on Chinese imports. Photo: AP PHOTO

US President Donald Trump says on his social media site that "there seems to be no reason" to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China has restricted exports of rare earths needed for industry in the United States.

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Trump suggested that he was looking at a "massive increase" of import taxes on Chinese products in response to Xi's moves.

"One of the Policies that we are calculating at this moment is a massive increase o

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