Chinese President Xi Jinping has drawn a clear red line in a bid to stem new US exports controls, threatening to reignite a tit-for-tat trade spiral with Donald Trump just weeks before a planned meeting between the leaders of the world’s biggest economies.

After China unveiled wide-ranging global export controls on products containing even traces of certain rare earths this past week, Trump fired back by threatening to cancel a planned in-person meeting with Xi — their first in six years. The US leader also announced plans to double tariffs on Chinese goods to 100%, along with sweeping curbs on “any and all critical software.”

On Sunday, Beijing justified its moves as defensive actions and accused the US of introducing new restrictive measures targeting China since talks between the two

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