China accused the United States of breaking off trade dialogue and warned that it will respond firmly if tariff threats continue. Beijing defended its new restrictions on rare earth exports as a “self-defense” measure.
The Chinese Ministry of Commerce accused the United States of derailing trade dialogue between the two powers and said that “stubborn threats to raise tariffs are not the right way to get along with China.”
A spokesperson for this ministry stated in a statement that the “countermeasures” announced this week by Beijing, which include new restrictions on the export of rare earths and products related to their processing, “are necessary acts of passive defense to preserve the legitimate rights and interests of Chinese companies and industries.”
““We hope that the US recognizes its mistake, moves with China in the same direction and returns to the path of dialogue and consultations,” the spokesperson asserted, and warned that if Washington insists on taking the wrong path, Beijing will “adopt resolute measures” to protect itself.
Regarding the threat from the American president, Donald Trump, to impose 100% tariffs on Chinese products and more controls on technology exports In response to the new measures announced this week by Beijing, the spokesperson warned that his country’s position regarding the trade war is consistent: “We don’t love it, but we don’t fear it either,” he stressed.
china usa trade war tariffs
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China’s anger over Donald Trump’s threat
Thus, Beijing accused Washington of abuse the concept of national security when applying export controls discriminatory, especially regarding the chip sector and semiconductor manufacturing technology.
He also assured that since the last bilateral round of negotiations in Madrid last September, the US has approved a new round of restrictive measures with China in its sights and that the list of controlled exports of the North American country exceeds 3,000 items compared to 900 on the Asian country’s list.
Although China and the US had brought their positions closer in recent months through four rounds of negotiations, Hostility levels have skyrocketed again in the last week, jeopardizing an eventual meeting of the leaders of both countries at the end of October at the APEC summit to be held in South Korea.
Trump and Chinese President Xi Jinping had a phone call on September 18 in which they approved a preliminary agreement to allow TikTok to continue operating in the United States and agreed to meet in said forum.
However, the US president said last Friday – a day after China announced new restrictions on rare earths – that he no longer sees reasons to meet with Xi.
Source: Ambito
