๐จ๐ณ China Responds to US Tariffs: Dialogue vs. Confrontation โ๏ธ
China has issued its first official statement following President Trump's announcement of 100% tariffs on Chinese goods, placing the blame squarely on the US for escalating the trade war. ๐
While seeking dialogue ๐ค over confrontation, China delivered a clear message: "We Do Not Want a Tariff War, But We Are Not Afraid of One." ๐ก๏ธ
Key Takeaways from China's Stance:
* ๐ซ Not a Full Ban: The recent changes are not a complete export ban.
* โ Approvals Possible: Applications that "meet regulations" will still be approved.
* ๐ฃ๏ธ Seek Deeper Dialogue: China is ready to engage in further talks.
* ๐ Stability Focus: Striving for global industrial and supply chain stability.
* ๐ค Limited Impact: Claims the relevant impact of export controls is "very limited."
* ๐ก๏ธ Defensive Action: Describes its recent rare earth export controls as "necessary, defensive actions."
China warns it's prepared to take
"corresponding measures" if the US continues to raise tariffs.
The global market is watching closely! ๐
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