Trump suggests ‘massive increase’ of tariffs on China. Here’s what’s behind the threat.
1. Trump threatens massive tariffs on China over rare-earth minerals. 2. No meeting scheduled with Xi Jinping at APEC. 3. China's export controls on rare earths create tensions. 4. U.S. stock market declines as tensions escalate. 5. Analysts note China's new aggressive stance against the U.S.