AdvertisementAdvertisementUS President Donald Trump speaks during a cabinet meeting at the White House on Oct 9, 2025, in Washington. (File photo: AP/Evan Vucci)10 Oct 2025 11:45PM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST United States President Donald Trump on Friday (Oct 10) said there was no reason to meet with China's President Xi Jinping in two weeks in South Korea as planned, adding in a Truth Social post that the US is calculating a massive increase in tariffs on Chinese imports.Trump said China has been sending letters to countries worldwide saying it planned to impose export controls on every element of production related to rare earths."Nobody has ever seen anything like this but, essentially, it would 'clog' the Markets, and make life difficult for virtually every Country in the World, especially for China," he said the Truth Social post.He added that he had not spoken to China's Xi Jinping because there was no reason to do so.Source: Reuters/coSign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST