Trump threatens 100% China tariffs as Beijing restricts rare-earth exports

President accuses China of very hostile' moves and says additional tariffs could come on 1 November or sooner'

Donald Trump has threatened to impose additional US tariffs of 100% on China from next month, accusing Beijing of very hostile" moves to restrict exports of rare earths needed for American industry.

Wall Street fell sharply after the US president reignited public tensions with the Chinese government, and raised the prospect of another acrimonious trade war between the world's two largest economies.