Trump threatens to cancel meeting with Xi

President Donald Trump has hit out at China, after the nation tightened its guidelines for exports of uncommon earths and opened an investigation into a significant US tech firm. In a publish on social media, Trump accused Beijing of attempting to carry the world “captive” and mentioned there was now no motive to satisfy with President Xi Jinping later this month as had been anticipated.He additionally threatened a “large” enhance in tariffs on Chinese language items, indicating a return of renewed commerce tensions between the 2 financial giants. Monetary markets dropped within the wake of the remarks, with the S&P 500 down roughly 1.4% in late morning commerce in New York.