China Holds Trade Line, Open to U.S. Talks
China on Tuesday reaffirmed its determination to persist in its trade dispute with the United States, while indicating readiness for renewed negotiations.
The Ministry of Commerce in Beijing stated that China would uphold its stance in the ongoing “trade war” and was prepared to see it through, should tensions escalate.
However, the ministry also emphasised Beijing’s continued openness to dialogue with Washington.
The statement followed U.S. President Donald Trump’s recent threat to impose an additional 100 per cent tariff on Chinese imports starting Nov. 1.
In response, China had earlier introduced new restrictions on exports of rare earth materials, key components in global high-tech manufacturing, where it holds a dominant market share.
The ministry also addressed a delayed phone call between U.S. and Chinese officials. U.S. Trade Representative Jamieson Greer said on Fox News that China had not given prior notice of the new export controls and had postponed a scheduled call.
Beijing countered by saying it had informed Washington through the bilateral export control dialogue mechanism.
It stressed the new measures were lawful and did not constitute an export ban, noting that applications meeting legal requirements would be approved.
However, industry stakeholders argued that the complex application process could result in delays lasting weeks or even months, with no guarantee of approval.
China also criticised the U.S. for what it called “erroneous practices,” saying Washington could not expect meaningful talks while simultaneously threatening new restrictions. #China Holds Trade Line, Open to U.S. Talks#
Madagascar in Crisis: Gen Z Protests Force President Rajoelina to Flee
