US President Donald Trump has claimed the United States holds overwhelming leverage over China in their trade dispute, even suggesting that if used, it could “destroy” the Chinese economy. Speaking before talks with South Korean President Lee Jae Myung, Trump stressed he would not act in ways that could destabilise Beijing, while maintaining America’s position was stronger. His comments came as Washington extended a suspension of tariffs on Chinese goods until November, though tensions continue over rare earth exports, oil imports and trade reciprocity.