China shows no sign of backing down while issuing call for US to withdraw tariff threat
China demands the United States withdraw its 100% tariff threat and restore trade negotiations after exports to the U.S. dropped 27% in September, official data showed.
- China's Ministry of Commerce called on the U.S. to promptly correct its wrong actions and urged talks be put back on track on Monday.
- After China tightened controls on rare earths Thursday, U.S. export curbs on advanced computer chips and critical software paired with Chinese countermeasures escalated tensions.
- Chinese trade data released Monday showed exports to the U.S. have fallen for six straight months, dropping 2% in September, reflecting economic impact.
- With public rebukes and conciliatory signals, China's Ministry of Commerce said Sunday the U.S. was `severely damaging` talks, while Trump posted `U.S.A. wants to help China, not hurt it!!!` on Truth Social.
- A U.S. threat setting tariffs at 100% from November 1 has heightened stakes for diplomacy, as both nations apply measures from chip export curbs to purchase suspensions raising escalation risks.
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95 Articles
China warns of ‘resolute measures’ if US pushes ahead with 100% tariff
China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.In the latest escalation of the trade war between the two nations, Trump issued the tariff threat on all Chinese imports into the U.S. after China placed stricter restrictions Thursday on rare earths, a vital resource used i…


China shows no sign of backing off trade war
BANGKOK — China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.
China on Monday remained teetering on the brink of trade talks with the United States, demanding that President Donald Trump withdraw his latest threat of a 100% tariff and other export control measures announced…
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