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SCMP: Are US-China relations headed for the rocks again after Trump’s latest tariff threat?

Trump threatens to cancel Xi Jinping summit in wake of rare earth curbs that one analyst says had left US president ‘furious and embarrassed’


“The US has economic leverage over China, but only up to a point,” said Steven Okun, chief executive of APAC Advisors, a geopolitical advisory firm based in Singapore.


“Trump does not understand that he does not have all the cards, and the US seemingly has no plan for Chinese retaliation.”

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