Trump Warns China of “Massive Tariffs” After Rare Earth Export Ban: Trade War 2.0 Looms

Tensions between the United States and China are heating up once again after former US President Donald Trump warned of imposing “massive tariffs” on Beijing. The fiery statement comes in response to China’s new export restrictions on rare earth elements, a move that could disrupt global supply chains and reignite the long-dormant trade war.

According to reports, China has blocked the export of rare earth materials to any nation that re-exports them to the US — a strategic strike at the heart of global tech manufacturing.

In a lengthy post on his social media platform, Truth Social, Trump lashed out at Beijing, saying,

“Some very strange things are happening in China! They are becoming very hostile and sending letters to countries around the world about new export controls on rare earths and other production elements.”

The former President warned that China’s decision could “clog markets” and cause global economic disruption, describing it as a “sinister and hostile move.”

“Other Nations Are Furious,” Says Trump

Trump claimed that several countries have contacted the US expressing anger over China’s sudden trade restrictions. He added,

“Our relationship with China was improving over the last six months, which makes this move even more shocking. I’ve always believed they were lying in wait — now I’ve been proven right.”

The 45th US President accused Beijing of trying to hold the world “captive” through its control of rare earth minerals, essential for electronics, EVs, and defense industries.

No Plans to Meet Xi Jinping

Trump also ruled out his planned meeting with Chinese President Xi Jinping at the upcoming APEC Summit in South Korea, calling the move unnecessary in light of recent developments.

“This came as a surprise not only to me but to leaders of the free world,” he said.

Trump questioned the timing of China’s announcement, noting that it coincided with a major peace agreement in the Middle East, implying a possible geopolitical strategy behind it.

US Mulls Tariffs and Countermeasures

Vowing to respond strongly, Trump said his administration is considering massive tariff hikes on Chinese imports.

“For every element they monopolise, we have two,” he claimed, suggesting the US could leverage its own resources to counter China’s dominance.

He concluded,

“Ultimately, though potentially painful, it will be good for the USA. We are evaluating tariffs and other countermeasures right now.”

Summary:

As global markets react nervously, Trump’s remarks signal a potential Trade War 2.0, echoing the 2018–2019 tensions that reshaped global commerce. With rare earths critical to semiconductors, EVs, and defense production, this new standoff could have worldwide implications.