BEIJING: China has lashed out at the United States’ decision to impose an additional 100% tariff on certain Chinese imports, criticizing the move as a “perfect example of double standards.”
The announcement, reportedly made by [referring to the announcement, often attributed to the leader at the time in the source text] on Friday, would see the total tariff rate on affected Chinese goods rise to 130%. The new tariffs are scheduled to take effect from November 1.
The move by the US is described as a retaliatory measure for China’s previous decision to restrict the export of rare earth elements. Furthermore, the individual who announced the tariff also threatened to cancel an upcoming meeting with Chinese President Xi Jinping slated for this month.
In response, China’s Ministry of Commerce stated that the US action “severely impacts China’s interests.” The ministry warned that if the US continues with its tariff actions, China would “take appropriate measures to protect its interests.”
A Chinese spokesperson indicated a willingness to engage, stating that Beijing is ready to conduct discussions and exchanges regarding export controls with all countries to “better protect the development and stability of global industrial supply chains.” However, China also strongly demanded that the US “correct its actions” immediately.
