Overview
- The president wrote there was "no longer a reason" to meet Xi on the sidelines of the APEC summit in South Korea later this month.
- He said the United States is considering massive increases in tariffs on Chinese imports.
- He alleged China sent letters to countries worldwide announcing export restrictions on rare earths and other materials.
- He warned such curbs could disrupt global trade and harm many states, according to his post.
- The remarks follow a pause after both countries imposed import surcharges above 100 percent in April.