President Donald Trump on Friday admitted the proposed 100% tariffs on Chinese goods “aren’t sustainable,” even while defending them as forced by China’s aggressive export curbs.Speaking in an interview with Fox Business, Trump said, “It’s not sustainable, but that’s what the number is.. they forced me to do that.”
In recent days, China tightened controls over rare earth exports—critical to high-tech industries—a move Washington views as a strategic threat.
Trump also confirmed that he plans to meet Chinese President Xi Jinping in South Korea in two weeks, expressing hope for progress in trade talks.Analysts say Trump’s comments may signal a tactical retreat from his aggressive trade postures, aiming to ease investor fears amid volatile markets.
In recent days, China tightened controls over rare earth exports—critical to high-tech industries—a move Washington views as a strategic threat.
Trump also confirmed that he plans to meet Chinese President Xi Jinping in South Korea in two weeks, expressing hope for progress in trade talks.Analysts say Trump’s comments may signal a tactical retreat from his aggressive trade postures, aiming to ease investor fears amid volatile markets.
Meanwhile, the WTO Director-General warned in April that long-term decoupling between the US and China could shave up to 7% off global GDP, urging both nations to de-escalate.
