The response came two days after Trump threatened to jack up the tax on imports from China by Nov. 1 in response to new Chinese restrictions on the export of rare earths
xBEIJING: China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. “China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war but we are not afraid of one.” The response came two days after Trump threatened to jack up the tax on imports from China by Nov. 1 in response to new Chinese restrictions on the export of rare earths, a key ingredient for many consumer and military products. The back and forth threatens to derail a