Meeting With Xi Jinping Not Cancelled: Trump After Imposing Extra 100% Tariff On China

US President Donald Trump confirms his meeting with Chinese President Xi Jinping has not been cancelled, despite new tariffs and export controls. The situation highlights escalating trade tensions and potential impacts on international trade dynamics as the US addresses China's actions.

US President Donald Trump has said that his meeting with Chinese President Xi Jinping has not been officially cancelled, despite expressing surprise at China's new export restrictions on rare earth elements.

"No, I haven't cancelled. However, I'm not sure if we'll have it. I'll be there regardless. I would assume we might have it," Trump remarked.

Trump expressed his astonishment at China's sudden imposition of export controls, describing it as an unexpected move. He noted that the new regulations were introduced without prior notice and affected global trade dynamics. "Out of the blue, they came up with this whole import-export concept, and nobody knew anything about it," he told reporters at the White House.

US Response to China's Trade Actions

The US President announced a significant response to China's actions by imposing a 100% tariff on Chinese goods starting November 1, 2025. This decision comes amid Beijing's expanded restrictions on rare earth exports and related technologies. Trump emphasized that these tariffs are in addition to any existing ones.

In addition to tariffs, Trump revealed plans for export controls on critical software from November 1, 2025. This move is part of a broader strategy to counter what he described as China's aggressive trade stance. The US aims to protect its interests by regulating software exports crucial to national security.

Potential Impact on International Trade

Trump highlighted that China's actions were not solely directed at the US but had global implications. He mentioned that China sent a hostile letter announcing large-scale export controls effective November 1, 2025. These controls cover nearly all products made by China and some not produced domestically.

The President expressed disbelief over China's decision, calling it unprecedented in international trade history. "It is impossible to believe that China would have taken such an action, but they have," he stated. The move is seen as a strategic plan devised years ago by China.

Future Trade Negotiations

When asked about the possibility of revoking additional tariffs if China rolls back its restrictions, Trump remained non-committal. "We'll have to see what happens," he said, indicating potential flexibility depending on future developments in trade negotiations with China.

The US is also considering extending export controls beyond software to include aircraft parts and other items. This consideration reflects the administration's intent to safeguard various sectors from potential disruptions caused by China's trade policies.

The situation underscores ongoing tensions between the two economic giants as they navigate complex trade relations. Both nations are preparing for potential escalations while exploring avenues for dialogue and resolution.

With inputs from ANI