China says it is ‘not afraid’ of a trade war, in response to US 100% tariffs threat

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China has responded to President Donald Trump’s threats of a 100% tariff on Chinese goods, plus a ban on critical software, because of its expanded rare-earth export controls. According to Newsweek, China is ready to face Washington’s ultimatums, urging it to resolve the issue at the negotiating table instead of making statements on social media.

“If the U.S. persists in acting unilaterally, China will resolutely take corresponding measures to safeguard its legitimate rights and interests,” the…



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China says it is ‘not afraid’ of a trade war, in response to US 100% tariffs threat


China has responded to President Donald Trump’s threats of a 100% tariff on Chinese goods, plus a ban on critical software, because of its expanded rare-earth export controls. According to Newsweek, China is ready to face Washington’s ultimatums, urging it to resolve the issue at the negotiating table instead of making statements on social media.

“If the U.S. persists in acting unilaterally, China will resolutely take corresponding measures to safeguard its legitimate rights and interests,” the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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