• 0 Posts
  • 12 Comments
Joined 1 year ago
cake
Cake day: November 24th, 2023

help-circle



  • On Wednesday, a spokesperson for China’s Commerce Ministry dismissed the additional tariff hike, telling reporters that the move “fully exposes the fact that the United States has become irrational in instrumentalizing and weaponizing tariffs.”

    “China has repeatedly stated its position on the unilateral tariffs imposed by the United States, and it has ignored the U.S.'s meaningless tariff numbers game,” the commerce official said.

    He said beijing would take “countermeasures” and see the trade war “through to the very end” if Washington continued to “infringe on China’s rights and interests.”

    China has shrugged off the latest U.S. tariff hike, dismissing the Trump administration’s threats as a “meaningless tariff numbers game.”




  • This week, China imposed more export controls on rare earths, which include materials used in high-tech products, aerospace manufacturing, and the defense sector.

    And then Trump,

    executive order signed by President Donald Trump that launched an investigation into the “national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products.”

    “There is no winner in tariff wars and trade wars, and China does not want to fight, but it is by no means afraid to fight.”