Xi’s Roar Back to US Export Curbs Exposes Rocky Path to Deal

Chinese President Xi Jinping’s blistering response to Donald Trump violating the terms of their fragile trade truce has reignited a tit-for-tat spiral, exposing the rocky path to any US-China trade deal.

After China unveiled wide-ranging global export controls on products containing even traces of certain rare earths this past week, Trump fired back by threatening to cancel a planned in-person meeting with Xi — their first in six years. The US leader also announced plans to double tariffs on Chinese goods to 100%, along with sweeping curbs on “any and all critical software.”