Beijing Slams US of ‘Double Standards’ Regarding Import Duty Ultimatum
The former US president’s most recent threat to impose an further complete levy on Chinese goods has been called a “classic case” of US double standards, as stated by the Chinese government.
A Commerce Ministry spokesperson additionally remarked that Beijing could enact its own undisclosed “responsive actions” if the White House occupant carries out his pledge, emphasizing that the country was “fearless” of a potential trade conflict.
Last Friday, Trump hit back at China’s decision to tighten its policies for exports of critical elements, charging China of “becoming very hostile” and attempting to hold the world “captive”.
Additionally, he threatened to cancel a planned talks with Chinese leader President Xi, which was set for a summit in South Korea before the month ends.
Trump’s comments on that day unsettled financial markets, with the S&P 500 closing down over two and a half percent, marking its steepest fall since April.
These statements reignited apprehensions of a commercial dispute between the two economic giants.
This past spring, the both nations had reached an agreement to remove triple-digit tariffs on each other’s products, which had led to concerns of commerce ceasing between the economic powers.
Consequently, US tariffs on Chinese imports subject to an extra import tax compared with the beginning of 2025, while US goods entering the country face a 10% tariff.
China’s latest remarks – released by the Commerce Ministry in the form of formal replies to media inquiries – echoed rhetoric from the peak of the ongoing trade dispute.
They criticised United States controls on chips and semi-conductors while supporting the country’s own restrictions on exports on rare earths as “routine measures” to ensure domestic safety and that of all nations.
The spokesperson remarked that for “a long time”, the US had “broadened the definition” of domestic safety, exploited overseas sale restrictions and “implemented” unfair treatments against Beijing.
“Using” trade levy ultimatums is not the correct approach to deal with China,” their representative stated.
“China’s position on a trade conflict has remained consistent: we do not want one, but we are not afraid of one.”
Recently, China revealed it was tightening export controls on rare earths and additional substances critical for cutting-edge industry.
The action was viewed as a key move, as the state processes about 90% of the world’s rare earths, which are utilized in items such as renewable energy components and handheld devices.
New remarks from the US and China are being viewed by analysts as a means of strengthening positions ahead of future trade talks.
Remains uncertain whether a talks between Trump and Xi Jinping, scheduled at a high-level meeting in the Republic of Korea before month’s end, will go ahead.