LIVE This Morning: President Donald Trump Announces 100% Tariffs on China I US-China Tariff War
In a bold move that has sent shockwaves across global markets, President Donald Trump has threatened a massive tariff hike on China in response to Beijing’s tightened control over rare earth exports. Rare earth elements are critical for a wide range of industries, including technology, defense, and electric vehicles, making China’s recent export restrictions a high-stakes geopolitical weapon. This video breaks down what triggered Trump’s tariff threat and the potential fallout for the U.S., China, and the global economy. With trade tensions escalating, could this move derail the fragile peace in US-China relations or push both superpowers closer to a dangerous standoff? Watch to uncover expert insights and the latest developments in this high-stakes battle over critical resources.
China, which controls approximately 70% of the rare earth supply globally, imposed new licensing requirements that are already rattling markets. Trump’s declaration followed closely on China’s restrictions, labeling Beijing’s actions as hostile, and hinted at canceling the much-anticipated meeting with Chinese President Xi Jinping. This video also explores the strategic importance of rare earth metals, how China uses them as economic leverage, and what the U.S. is doing to counterbalance this threat. Stay tuned for detailed analysis, market reactions, and what this means for consumers and industries worldwide.
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