US-China Trade Tensions Escalate as Officials Prepare Crucial Rare Earths Negotiations
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Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in…
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China has declared it will not back down from President Donald Trump’s threat of 100% tariffs on Chinese imports. The Commerce Ministry emphasized China’s willingness to negotiate while warning of reciprocal measures if the US proceeds with the tariff increase.
In a significant escalation of trade tensions, China has vowed to stand firm against President Donald Trump’s threat of 100 percent tariffs on Chinese imports, marking the latest development in the ongoing US-China trade war. The Chinese Commerce Ministry issued a statement Sunday emphasizing that while China prefers negotiation over confrontation, it is prepared to respond with equivalent measures if the United States implements the proposed tariff increase scheduled for November 1.