The Department of Commerce stated it couldn't verify the news and declined to comment.
Speaking to reporters at the White House before departing for fundraisers in NY state, Trump also said the United States would continue to refrain from doing business with Chinese telecoms equipment giant Huawei Technologies.
The Association of China Rare Earth Industry issued a statement this week after a special working meeting to discuss the "guidance" it was given by Chinese President Xi Jinping during his visit to a rare earth plant in May.
US data pointed to a robust labor market as the number of Americans filing applications for unemployment benefits unexpectedly fell last week, allaying some worries about a recession and helping Treasury yields rise. -China trade dispute after a report that the White House is delaying a decision on allowing US companies to do business with China's Huawei Technologies. But that promise was contingent upon China beefing up its purchases from American farmers, which Trump has complained the country has failed to do.
President Donald Trump stunned financial markets last week by vowing to impose even more levies from September 1, which would extend tariffs to almost all of the Chinese goods the US imports.
Trump Names Acting DNI, Counterterrorism Chief Joseph Maguire
Warner praised Gordon's tenure and called her departure "a great loss not only to the intelligence community, but to the country". Democratic and Republican lawmakers had said they wanted Gordon, a career intelligence official, to fill in for Coats.
Google Maps gets new tools for seamless travel
Google outlined updates that will put your flight and hotel reservations in one place within Google Maps . To use Live View, you'll need to tap the "Start AR" button and hold up your phone like a viewfinder.
David Luiz Completes Deadline Day Move To Arsenal From Chelsea
Some may question the move for Arsenal and despite his deficiencies, Luiz is an upgrade over the players they had back there. And David Luiz, even though he takes risks, probably fits the Arsenal criteria much better than what Arsenal now have.
American technology companies that hoped to soon resume their sales to Huawei might have to wait a little longer.
Background: The U.S. Commerce Department placed Huawei on its Entity List in May, effectively blocking U.S. exporters from selling equipment to the company without obtaining a license. "This is a reminder that the US-China trade dispute remains a risk, and this risk is not receding".
Early gains by Chinese stocks were erased after data showed the country's producer prices fell for the first time in three years in July, while a selloff in high-profile tech firms dampened already fragile sentiment.
However, the funds would be returned if the department reverses its decision later this year or if an independent trade commission finds the subsidies did not harm US industry. It also hurt sales at some American tech companies for which Huawei is a major customer.
US imports of cabinets and vanities were valued at $4.4 billion a year ago, while subsidies ranged from 11 percent to 229.2 percent for manufacturers in China's Jiangsu, Henan, Liaoning and Guangdong provinces, the Commerce Department said in a statement.
The cabinet case was launched in March by a trade group called the American Kitchen Cabinet Alliance.