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Beijing vows to ‘fight to the end’ in trade war with US

China - US trade war news

Donald Trump has threatened to impose extra 100% tariffs on all Chinese goods.

China has said it is prepared to “fight to the end” in the ongoing trade war with the US, reaffirming Beijing’s uncompromising stance toward tariff threats from Washington.

US President Donald Trump announced plans to place additional 100% tariffs on all Chinese imports starting November 1, in response to Beijing’s imposition of export controls on rare earth minerals used in the weapons industry. The US president also signaled tighter export controls on critical software used in defense and high-tech industries.

Chinese exports to the US currently face tariffs of 30% under a 90-day trade truce that ends in November, while Beijing imposes a 10% duty on American goods.

Speaking on Monday, a spokesperson for the Chinese Commerce Ministry said: “On the issue of tariffs and the trade war, China’s position has always been consistent. If they want to fight, we’ll fight to the end; if they want to talk, the door is open.”

Trump’s threat of extra tariffs was voiced shortly after Beijing introduced export restrictions on rare earth elements and magnets, which are crucial in military production.

The Chinese Ministry of Commerce defended the move, calling it a “legitimate measure to improve the national export control system” that is aimed at “safeguarding national and international security.” The ministry had previously criticized US tariffs as a clear example of “double standards.”

The latest escalation comes ahead of a planned meeting between Trump and Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea, which kicks off on October 31. While issuing his tariff threat last week, Trump suggested that the meeting may not take place.

However, on Sunday, the US president struck a more conciliatory tone, saying “it will all be fine,” stressing that Washington “wants to help China, not hurt it.” The Wall Street Journal, citing sources, reported that Trump has discussed with Treasury Secretary Scott Bessent and other officials how to signal a willingness to reduce trade tensions with Beijing.

Image credit: Eilis Garvey

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Source:RT News

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1 COMMENT

  1. Trump has gobbled off more than he can chew this time
    But most likely may back off in claiming victory going ahead with meeting Xi
    Again taking nothing just pomp fanfare and theatrics
    Which will be a hollow victory
    A Pyrrhic victory
    Trump is a show pony greasing America through the hoop of destruction
    A bought and paid for pocket edition Zionist stooge
    What exactly is in the Epstein documents?
    Or is it just payback to his Jewish donors who bought him to power
    Maybe a bit of both – money and power
    Whatever Trump is fully on board and swimming naked in the swamp
    The Emperor has no clothes
    Trump is using his usual tactics which will and have failed
    Shock and awe
    Problem reaction I have the solution
    Trump is ailing like His sinking Empire
    Its just nobody has had the heart to tell Him
    Like Princess Mitzi Gaynor in Pythons “Happy Valley”
    Who had a pet dog whose name was Hermin who she hauled around on a rope
    But sadly Hermin was dead and had been for some some time
    But nobody had had the heart to tell her
    Trump is all piss and wind
    And about to get a blow back

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