Overview

• President Trump wrote on social media that there is no reason to proceed with a planned meeting with Xi on the margins of the late-October APEC summit in South Korea.
• He criticized China as becoming very hostile and said he had heard from countries angered by the reported trade measures.
• He said the United States is considering sharply raising tariffs on Chinese goods, and NHK reported he stated an additional 100% tariff on Chinese imports.
• He claimed China sent letters indicating new export restrictions on rare earths, a move not independently verified in the reporting.
• The shelved session would have been the first in-person meeting between the leaders in the current U.S. administration, underscoring rising tensions ahead of APEC.