Trump threatens new China tariffs over magnets | Donald Trump News

The US president’s escalation comes despite a 90-day pause on increased tariffs that has already been agreed, and as negotiations between the world’s two largest economies loom.

United States President Donald Trump has said that China must give the US more magnets or “we have to charge them 200 percent tariff or something” amid a trade dispute between the two nations.

The US president made the claim to reporters on Monday.

China is increasingly sensitive about rare earth elements and…

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News Source: www.aljazeera.com

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