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Beijing Slams United States of ‘Hypocritical Policies’ Concerning Tariff Threat
Donald Trump’s most recent ultimatum to impose an further complete levy on Chinese goods has been called a “classic case” of United States’ contradictory behavior, as stated by the China’s leadership.
A Commerce Ministry spokesperson also stated that Beijing could introduce its own undisclosed “retaliatory steps” if the US President follows through on his pledge, emphasizing that the country was “not afraid” of a potential trade conflict.
On Friday, Trump hit back at China’s decision to strengthen its rules for foreign shipments of critical elements, accusing China of “turning aggressive” and attempting to hold the global community “hostage”.
Additionally, he warned to cancel a planned meeting with Chinese leader Xi Jinping, which was set for a conference in Seoul in the coming weeks.
Trump’s comments on Friday shook financial markets, with the S&P 500 closing down 2.7%, marking its largest decline since earlier this year.
The president’s words renewed fears of a trade war between the US and China.
In May, the respective governments had reached an agreement to eliminate triple-digit tariffs on each other’s goods, which had led to concerns of trade halting between the two countries.
Consequently, American import duties on products from China subject to an extra 30% levy compared with the beginning of 2025, while items from the United States entering the country are subject to a ten percent duty.
The most recent comments from China – issued by the Ministry of Commerce in the format of official answers to press queries – echoed terminology from the peak of the recent trade conflict.
Officials denounced US export restrictions on chips and semi-conductors while defending Beijing’s overseas sale regulations on key elements as “standard procedures” to safeguard state interests and that of the global community.
The spokesperson said that for “many years”, the America had “overstretched the concept of state security, exploited overseas sale restrictions and “implemented” discriminatory practices against China.
“Turning to” import duty warnings is not the proper method to deal with China,” their representative said.
“The nation’s view” on a tariff war has consistently been unchanging: we do not want one, but we are unafraid of one.”
Last week, Beijing announced it was reinforcing overseas sale regulations on rare earths and additional substances essential to high-technology production.
This move was regarded as a significant step, as the state processes about 90% of the world’s rare earths, which are used in items such as renewable energy components and smartphones.
Latest statements from Washington and Beijing are being seen by observers as a means of strengthening positions in preparation for future trade talks.
Remains uncertain whether a summit between Trump and China’s leader, planned at a conference in Seoul in the coming weeks, will still proceed.
Laura Miller
En passionerad livsstilsbloggare som älskar att dela enkla lösningar för en mer harmonisk vardag.
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