LATEST: Vice President JD Vance says President Trump is willing to be a reasonable negotiator with China on tariffs. CHINA SAYS COMPANIES THAT FULLY COMPLY WITH REQUIREMENTS WILL STILL BE ALLOWED TO EXPORT RARE EARTH MATERIALS FOR CIVILIAN PURPOSES

🔸 China asserts that the new regulations on rare earth exports are not a ban, but a national security measure to protect national interests.

🔸 China states that this regulation will have little impact on the global supply chain, as legitimate trade will continue.

🔸 China argues that the U.S. imposing high tariffs is a double standard, while calling for conciliatory dialogue between the two countries.

🔸 China also opposes the U.S. plan to impose additional port fees on Chinese ships, arguing that this violates WTO rules and China will apply similar port fees to U.S. ships.