Beijing – China Sunday signaled that it would not return to the face of the 100% tariff threat of President Donald Trump and urges the US to resolve the differences through negotiations instead of threats.
“The Chinese attitude is consistent,” the Ministry of Commerce said in a statement published online. “We don’t want a tariff war, but we’re not afraid of it.”
The reaction came two days after Trump threatened to threaten a tax on imports from China in response to new Chinese limitations of rare countries within November 1, a key component for many consumer and military products.
At the back and back, there is a risk that they will derail a possible meeting between Trump and Chinese leader XI Jinping and end the ceasefire in a customs war, in which new tariffs from both sides briefly reached 100% in April.
This year Trump increased taxes on imports from many US business partners and tried to win the concession in return for decreased tariffs. China was one of the few countries that did not support and relied on its economic influence.
“Often they resort to the threat of high tariffs are not the right way to go with China,” said the Ministry of Trade in its online post, which was presented as a number of answers of an unnamed spokesperson for non -specific media media.
The statement demanded a solution to any concerns through the dialogue.
“If the US side stubbornly insists on its practice, China will certainly take appropriate measures to ensure its legitimate rights and interests,” the post said.
Both sides accuse the other of violating the spirit of a ceasefire by saving new restrictions on trade.
Trump said that China was “very hostile” and that the world was held by a capture of a limitation of access to metals and magnets of rare soils.
China’s new regulations require foreign companies to obtain special consent to export objects that contain small traces of elements of rare countries from China. These critical minerals are needed in a wide range of products, from jet engines, radar systems and electric vehicles to consumer electronics including laptops and phones.
China represents almost 70% of mining of world rare countries and controls approximately 90% of global processing of rare countries. Access to the material is a key point of dispute in business interviews between Washington and Beijing.
The post of ministry said that export licenses would be awarded for legitimate civil use and notes that minerals also have military applications.
The post of Chinese trade in the Ministry of Trade said that the US has introduced several new limitations in recent weeks, including the expansion of the number of Chinese companies subject to US exports.
She also said that the US ignores Chinese concerns by continuing with new port fees on Chinese ships that will enter Tuesday. China announced on Friday that in response to US ships, port fees will be deposited.
This article was generated from an automated news agency without text modifications.
(Tagstotranslate) China
