Foreign media: US President Trump on October 10 threatened to "impose significant tariff increases" on goods imported from China, citing China's new restrictions on rare earth exports.

China announced that starting December 1, products containing more than 0.1% Chinese rare earth content, or produced using Chinese rare earth refining, magnet manufacturing, or recycling technology, will require a license for export.

Trump stated on social media that if China does not revoke these restrictions, he will consider canceling the meeting with China. Affected by this news, the US stock market fell immediately.

Original article: www.toutiao.com/article/1845609632956416/

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