China signaled Sunday that it would pursue countermeasures in response to President Donald Trump’s threat to implement a 100% tariff increase, which threatens to derail months of progress in trade talks between the two nations.
China imposed export restrictions on rare earth minerals last week, prompting Trump to float the possibility of raising tariffs. The country vowed to stand firm against the United States.
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“Resorting to threats of high tariffs is not the right way to engage with China,” the Ministry