Washington: U.S. President Donald Trump on Friday announced that the United States is considering a significant escalation in tariffs on Chinese imports, marking a sharp intensification of trade tensions between the world’s two largest economies. The announcement comes amid a growing dispute over rare earth elements, crucial materials for technology and defense industries, as well as new port fees China recently imposed on U.S. ships.

Trump criticized Beijing’s recent measures, describing them as actions that could disrupt global markets and strain economic stability not only in China but worldwide. He emphasized that he has had no direct communication with Chinese President Xi Jinping and sees no immediate reason to engage in discussions, signaling a hardline approach in the current st

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