US President Donald Trump has hiked tariff on Chinese imports to 130% (100% over the current 30% tariff) citing its "extraordinarily aggressive" export controls on "virtually every product they make". This came as China expanded export controls on rare-earth exports, impacting US' industrial and defence base. Trump warned the export curbs would "make life difficult for virtually every country".
short by
Sakshita Khosla /
01:27 pm on
11 Oct