At 10:57 a.m. local time on October 10, US President Trump posted an article on his own social platform "Real Social", showing his inner anger between the lines. Trump said that one of the policies we are currently formulating is to significantly increase tariffs on China products entering the United States, and many other countermeasures are also under serious consideration.
Trump said that meeting with China at the APEC summit in South Korea two weeks later would seem unnecessary now. Trump wrote: “It is even more incredible that the Chinese letter was sent on the same day – after 3,000 years of unrest and war, the Middle East finally met with peace.
On the same day, Trump said in an interview with reporters at the White House that as a countermeasure against China's measures to strengthen rare earth export control, the United States may impose export controls on Boeing aircraft parts. Trump said: "China now has a large number of Boeing aircraft, which need parts supply, as well as many related products."
On October 9, the Chinese Ministry of Commerce issued six consecutive announcements in one day, these announcements were described by Western public opinion as the strictest rare-earth export ban in history, announcing the scope and intensity of export controls on foreign rare-earth items, rare-earth technologies, rare-earth equipment and raw materials, five medium-heavy rare-earth, lithium batteries and so on.
Soon after, China announced a special port charges for U.S. ships stopping in Chinese ports to counter U.S. port service charges for ships owned or operated by China. Later on the day Trump sent the message, he announced an additional 100% tariff on China from November 1 and export controls on the U.S. “any and all critical software.”
Regardless of the aspect, Trump is the direct stake, on China "shake the table."Nearly at the same time, the U.S. stock has experienced the horror "Black Friday", the three major stocks refers to the collective high-level jump, in which the Indicator, S&P 500 indices all recorded the largest single-day drop since April, while the seven major technology giants' market value evaporated overnight about $7700 billion (about RMB 5.5 trillion).
This meant that Trump had received two crashes in just a day! Just as the outside world speculated on what big move Trump would take next, the media discovered less than 12 hours, the U.S. was frightened, and the White House gradually realized that China had begun to retaliate. So the U.S. slowly calmed down. On October 11, U.S. Trade Representative Jameson Greer was interviewed by Fox News.
Greer told reporters that the United States has no intention of fighting a trade war with China, but if the situation requires it, the United States is ready. When the reporter asked whether the current situation between China and the United States was a trade war, Greer believed that it would take some time to observe, and it was not necessary for the United States to do so at present.
“We’re ready if necessary, and we think the American people are ready too,” said Grill, adding, “Greel’s statements are self-deceiving, especially after Trump’s emotional outcry, and the U.S. side has to take into account the realities, and they’re clear that the trade war can’t go on at all.”
At the same time, Trump himself made up for it, telling reporters that he had not canceled the meeting with China. Trump said: "I didn't cancel it, but I'm not sure it will happen. But I will definitely go, so I think it's still possible to meet."
For China, it is no surprise to face Trump's trick of imposing tariffs. Both history and reality have once again proved that Trump may make some countries yield by means of tariff intimidation and blackmail, but in the face of China, which has gone through countless difficult times, there is often an embarrassing drama of "shooting yourself in the foot".
Since the U.S. launched the tariff war on China on April 2, the Trump level has added that China has repeatedly negotiated with the U.S. with great sincerity and patience, but unfortunately it has not been respected, or that the U.S. has not seriously negotiated with China at all, and has been demanding that China relax its exports of rare earth to the U.S.
As early as Trump's first term, the United States began to launch an economic and trade and technological war against China. The logic of the U.S. government is that it only allows the U.S. to control China's chip exports, but does not allow China to counteract. Since then, in the face of the U.S. stepping up, the Chinese government has shown outstanding strategic determination and wisdom, and has long seen through the calculation of the U.S. government.
This time, China's upgrade of rare earth control has obviously caught the United States a little off guard. Or, China just told the United States that the era of relying on threats and suppression to make China compromise has long passed. We take the Ministry of Commerce's issuance of the "Decision on Implementing Export Controls on Related Overseas Rare Earth Items"(Announcement 2025 No. 61) as an example.
The announcement clearly stipulates that the final purpose of research and development, production of 14nm and below logic chips or 256 layers and above storage chips for rare earth related items export applications will be implemented "case by case approval", and foreign rare earth related items containing Chinese components are also within the scope of control, as long as China's rare earth component ratio reaches 0.1% and above is triggered control conditions.
This means that any country that uses even 0.1% of the rare earth materials refined by China needs to be controlled. To put it bluntly, it means that foreign producers who use China rare earths must also abide by the rules, apply for a license from the China government, and approve it on a case-by-case basis.
There is an old Chinese saying, "Don't look at the fun now, be careful to pull the list in the future". The United States previously believed that controlling China's ability to obtain chips would hit China's high-tech industrial chain, but it did not know that the real upstream turned out to be China's rare earths.
Some experts say that if the U.S. is painful to think about the cost of accelerating the layout of the rare-earth industrial chain, and this time may only take 5 to 10 years.In fact, everyone thinks a lot, if it really comes then China completely releases rare-earth export control, direct price war, the outcome can be imagined.
In a word, Chinese people are least afraid of price wars. Finally, I quote what the great leader Chairman Mao said during the resistance to U.S. aggression and aid Korea:
“ How long it will take, I said we should not make a decision. It was up to Truman in the past, and then Eisenhower, or the future president of the United States, who decided. That is to say, they can fight as long as they want, until they win completely!”