China has defended the decision to curb exports of rare minerals and other such items, calling it a legitimate step to safeguard global peace and warned the US that it will take ‘concrete measures’ if US President Donald Trump follows through on his threat of imposing 100 per cent tariffs on Chinese exports.

China on Thursday announced new restrictions on the export of rare minerals, lithium batteries and technologies and equipment related to the mining and processing of rare mineral-based materials. These restrictions, which took effect immediately, also apply to foreign transfer of production technologies.

trade war between two big economies

Beijing said that this decision has been taken keeping in mind the concern that some foreign companies are using materials obtained from China for military purposes. Reacting to China’s move, US President Trump has threatened to impose 100 percent duty on Chinese goods from November 1, following which the trade war between the world’s two largest economies has resumed.

Responding to a question related to Trump’s threat, the Chinese Commerce Ministry in a statement on Sunday (October 12, 2025) accused America of exaggerating the concept of national security.

China’s decision will depend on America’s decision

The statement said, ‘Deliberately threatening to impose higher tariffs is not the right way to reach a rapprochement with China. China’s stance on the trade war is the same as before. We don’t want a trade war, but we’re not afraid of it either. If America insists on going on the wrong path, China will definitely take concrete steps to protect its legitimate rights and interests.

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Us China Agreement on tariffs: The tariff war between the US and China is now over. The two countries approved this conversation after a two -day long meeting in Geneva. In a shared statement issued by the two countries, it has been said that a brake of 90 days has been put on the current tariff. US Treasury Secretary Scott Besant said that both countries have agreed to stop only the tariff but also agreed to reduce it.

According to Besant, the tariffs imposed on each other of both countries have been cut by about 115 percent. In these 90 days, the US tariff above Chinese goods will be reduced to 145 percent to 30 percent. On the other hand, China will similarly reduce tariffs on American goods from 125 percent to 10 percent.

Consent on tariff cuts in China-America

Besant said that describing the conversation with Chinese officials as very positive and emphasized that the two countries have given respect to each other. US Trade Representative Jemison Greer says that it is important to understand how we have finalized the agreement so soon. This shows that differences between us were probably not much.

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