President Donald Trump on Friday said the U.S. is considering imposing a "massive" tariff hike on China in the latest move amid an ongoing trade dispute between the two countries.

Trump wrote in a post on his Truth Social platform that China is telling other countries they want to impose export controls on rare earth minerals, which are critical components for advanced technologies ranging from semiconductors to smartphones.

"Some very strange things are happening in China! They are becoming very hostile, and sending letters to Countries throughout the World, that they want to impose Export Controls on each and every element of production having to do with Rare Earths, and virtually anything else they can think of, even if it's not manufactured in China," the president wrote.

"Nobody

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