Trump threatens tech export limits, new 100% tariff on Chinese imports starting Nov 1 or sooner


Source: dailyexcelsior.com dailyexcelsior.com

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By Daily Excelsior - WASHINGTON, Oct 11: President Donald Trump on Friday threatened to place an additional 100 per cent tax on Chinese imports starting on November 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession. The president expressed frustration with new export controls placed on rare earth elements by China — and said on social media that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea. Trump later told reporters he had not cancelled his meeting....