Trump ramps up tariffs in renewed China trade clash

Following China’s announcement expanding rare earth export controls, US Trade Representative Jamison Greer said Washington sought talks, but Beijing deferred. China accused the US of hypocrisy over its new tariffs and defended its export curbs. October 10 – Trump reignited the trade war, imposing 100% levies on Chinese exports to the US and new export controls on “critical software” from November 1, ending the August truce. He said there was no reason to meet Chinese President Xi Jinping, though a meeting is still expected at the upcoming Asia-Pacific Economic Cooperation forum. Trump also threatened export controls on Boeing parts in response to China’s rare earth limits. China launched an antitrust probe into Qualcomm over its purchase of Israeli chipmaker Autotalks and announced new port fees on US-linked vessels starting October 14, mirroring US measures. October 9 – China widened export controls on rare earths and increased scrutiny on semiconductor users. The Trump ...