Trump Raises China Tariffs to 130 Percent or Potentially More, Says ‘No Reason’ to Meet Xi

President Donald Trump criticizes China’s new rules restricting rare earth exports for being “extraordinarily aggressive.” He is imposing an additional 100 percent tariff on China on top of all existing tariffs—raising the baseline to 130 percent. The new tariff hike is set to take effect Nov. 1, the same day China’s rare earth ...