&imwidth=800&imheight=600&format=webp&quality=medium "'Give US magnets or face 200% tariff': Trump's stern warning to China")
US President Donald Trump issued a stern warning to China on Monday (August 25), stating that either they provide America with magnets or face a 200 per cent tariff. "We have to charge them 200% tariff or something," Trump said amid a trade dispute between the two nations. China is becoming increasingly sensitive about its control over rare earths and the supply chain.
The announcement came during Trump’s meeting with South Korean President Lee Jae Myung in Washington. "At some point, probably during this year or shortly thereafter, we’ll go to China," Trump said. "We’re going to have a great relationship with China," he added.
The American president further said, "They have some cards. We have incredible cards, but I don’t want to play those cards. If I played those cards, that would destroy China."
Trump earlier said he could visit China this year or soon after. Trump pointed to recent talks with Chinese counterpart Xi Jinping: "At some point, probably during this year or shortly thereafter, we'll go to China."
"We're going to have a great relationship with China," Trump vowed.
The US leader added, "They have some cards. We have incredible cards, but I don't want to play those cards. If I played those cards, that would destroy China."
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Trump and his quest for Nobel Prize
Trump, in a series of desperate attempts to take credit for making peace between nations, said on Monday (August 25) that North Korea and South Korea had a nuclear war - but it did not happen because the Republican won the election.
"I think you would have had a nuclear war. It would have taken place, and it would have been horrendous for everybody, including them. It would have been very bad for them, because we would have had to enter the picture, and we are the most powerful nuclear country in the world by far," Trump said. This was in a series where the American president self-acclaimed himself a peacemaker so he could justify his nomination for the Nobel Peace Prize (If he gets nominated).
