Donald Trump admits that 100% tariffs are not sustainable, but blames China for the deadlock in trade negotiations and confirms a meeting with Xi Jinping.

American President Donald Trump acknowledged that the additional 100% tariffs he threatened on China are not sustainable, but he accused Beijing of stalling trade negotiations, following the tightening of controls on rare metal exports. These metals are essential for advanced technologies and the military industry, and China dominates the international market. Trump threatened new taxes and export control measures on software, which are set to take effect on November 1, before the expiration of a trade truce.

In an interview, Trump stated that although these taxes are not sustainable, they are a reaction to China's actions. However, he confirmed a meeting with his Chinese counterpart, Xi Jinping, at the Asia-Pacific Economic Cooperation Forum, where he hopes to reach a fair agreement. The Chinese Ministry of Commerce accused the U.S. of undermining the multilateral trading system and imposing unilateral tariffs and sanctions.