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Trump mulls calling off Xi meeting after China restricts rare-earth exports

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US President Donald Trump. File
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US President Donald Trump said Friday that “there seemed to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for the American industry.

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The Republican president suggested that he was looking at a “massive increase” of import taxes on Chinese products in response to Xi's moves.

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