China has made it clear that it will stand its ground against the United States in their escalating trade showdown. This declaration follows a recent announcement by President Trump that he planned to impose new tariffs, doubling the levies on Chinese goods.
A spokesperson from China’s commerce ministry spoke anonymously. He said that while China remained open to negotiation, it would not accept Washington’s attempt to threaten the country with fresh restrictive measures. He warned that a mix of talk and action would not be tolerated.
This tense moment arrived just days after Beijing announced sweeping new export controls on rare earths, strategic minerals vital to modern electronics, a sector in which China holds a dominant position. In response, Trump also threatened to place export controls on “critical software” from November 1.
The market responded swiftly. Trade tensions rattled investors, and speculation rose about whether the leaders of the two nations would still meet in South Korea soon.
Yet amid the storm, China published fresh trade data. In September, the country’s export volume rose by 8.3 percent year over year, the fastest increase since March. Much of that came from shipments to the US, which surged to about $34.3 billion.
Under existing measures, US tariffs on Chinese goods already average 30 percent. China has retaliated with its own tariffs around 10 percent.
Emmanuel Onwuka 
Admin