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Anonymous10/12/25, 14:32No.1447063China warns US of retaliation over Trump’s 100% tariffs threat
https://www.theguardian.com/us-news/2025/oct/12/china-warns-us-of-retaliation-over-trump-100-tariffs-threat
Beijing has told the US it will retaliate if Donald Trump fails to back down on his threat to impose 100% tariffs on Chinese imports as investors brace for another bout of trade war turmoil.
China’s commerce ministry blamed Washington for raising trade tensions between the two countries after Trump announced on Friday that he would impose the additional tariffs on China’s exports to the US, along with new controls on critical software, by 1 November.
“Wilful threats of high tariffs are not the right way to get along with China,” a spokesperson for the commerce ministry said on Sunday, according to the state news agency Xinhua. “China’s position on the trade war is consistent. We do not want it, but we are not afraid of it.
“If the United States insists on going the wrong way, China will surely take resolute measures to protect its legitimate rights and interests.”
The US president shocked the financial markets on Friday when he accused China of “very hostile” moves to restrict exports of rare-earth materials needed by US industry.
It prompted heavy falls on Wall Street, where about $2tn (£1.5tn) was wiped off the value of the US stocks.
China insisted on Sunday that its latest export controls on rare earths such as holmium, erbium, thulium, europium and ytterbium were legitimate.
“China’s export controls are not export bans,” said the commerce ministry spokesperson. “All applications of compliant export for civil use can get approval, so that relevant businesses have no need to worry.”
The measures were introduced after Washington added a number of Chinese firms to its export control list in a crackdown on the use of foreign affiliates to circumvent export curbs on chipmaking equipment and other goods and technology.
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Anon10/12/25, 16:47No.1447076
MP Materials Corp stock is rocketing to the moon
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Anon10/12/25, 17:25No.1447080
How about them Epstein files, comrade?