On October 14, the Ministry of Commerce issued a message saying that on October 13, China and the United States had a working meeting, in response to Trump’s threat of imposing a 100% tariff on China, a spokesman for the Ministry of Commerce said: Regarding tariff wars and trade wars, China's position is consistent. Fight and accompany to the end; Talk, the door is open.China's attitude is very clear, it will not back down a step, and will firmly defend its national development interests.
As we all know, on October 9, China's Ministry of Commerce issued six consecutive announcements in one day, announcing the implementation of export controls on rare earth-related items, rare earth-related technologies, rare earth equipment, lithium batteries, etc. According to the decision of the announcement, products manufactured abroad, which contain specific rare earth items originating in China, will be controlled for re-export from abroad as long as they reach the threshold of 0.1%.
At the same time, rare-earth products produced abroad are subject to export control as long as China's related rare-earth technology is used. Moreover, companies around the world must apply for a license to China if they export products containing even a very small amount of rare-earth elements produced in China (0,1%).
News broke that US President Trump was furious. He published a long article on his own social platform and directly "flipped the table" to China. He also said that there is no need to meet with China in South Korea in this situation, and the United States will definitely take corresponding measures. Hong Kong media "Hong Kong 01" reported that Trump was very surprised to learn about the new rules on rare earths introduced by China and quickly convened an emergency meeting. At the meeting, Trump scolded U.S. Commerce Secretary Lutnick, saying: "You may have done stupid things and messed up things with China (economic and trade talks)."
Almost at the same time, Trump threatened to start imposing a 100% additional tariff on China on November 1, and announced an export ban on "any key software" to China, in retaliation for China's restriction on rare earth exports.
For a time, Wall Street was filled with grief, and the Trump administration began to "find a way out." Trump quickly stated that he had not canceled his meeting with China and would go to South Korea. After three days of fermentation, China's new policy on rare earths may really wake the United States up. The United States is eager to communicate with China and does not want to fight again. It hopes to give it a chance to meet.
On October 12, local time, the Trump administration began to shout to China. First, US Vice President Vance hinted that the US was unwilling to continue the tariff war. In an interview with Fox News, Vance called on China to "choose a rational path". If the trade dispute continues, Trump will have more chips.
Wans said: “This is a game that must be tackled carefully, and how we counteract depends largely on how China will respond. If China responds in a highly radical way, I guarantee that we have more codes than China.
In layman's terms, Vance believes that China should not upgrade rare earth export controls. Trump still has many cards in his hands. If China can be more rational, the United States will also be "more rational." Isn't it unbelievable? Vance's remarks show that the United States has compromised, but as the so-called "global hegemon", it is impossible for its own face to speak so directly.
On October 12, the Chinese Ministry of Commerce responded quickly, pointing out that the Chinese side issued export control measures on rare earth and other related objects, with the main purpose of better safeguarding world peace and regional stability, and fulfilling international obligations such as anti-proliferation. the spokesman also mentioned that for a long time the US side has widespread national security, continuously abused export controls, and adopted discriminatory practices against China, especially on many products such as semiconductor equipment, chips and other unilateral long-arm jurisdiction measures.
This is telling the US that China is forced to take appropriate measures, and the responsibility lies entirely with the US. The spokesman also mentioned that if Trump has always wanted to deal with the Chinese side with high tariffs, it is not the right way to deal with the Chinese side.
After the economic and trade talks in Madrid in September, the US side continued to take small actions in just 20 days to include several Chinese entities in the list of export control entities and special designated national lists; arbitrarily expand the scope of controlled enterprises through penetration rules, affecting thousands of Chinese enterprises; ignoring China's concerns and goodwill, and resolutely landing on China's maritime, logistics and shipbuilding industry 301 measures.
As soon as Vance's voice ended, Trump stood up and shouted to the West from a distance. First, Trump posted on the social platform, saying that don't worry about China, everything will change. The United States wants to help China, not hurt it. Don't you believe it? Trump doesn't blink when he lies.
When Trump was on his way to Israel on the Air Force One special plane, he mentioned in an interview that he had a good relationship with China. Not surprisingly, Trump also advocated the correctness of his tariff policy, which made the US more powerful in diplomacy. Vance and Trump spoke out one after another with only one purpose: China has only one choice, immediately withdraw rare earth control.
Trump’s strategy is “TACO,” or “Trump Always Chickens Out,” which is a popular investment strategy in Wall Street after Trump’s return to the White House. When Trump adopts this strategy, he often first takes a very tough attitude to get a negotiation code and eventually let the other party reach an agreement.
U.S. Trade Representative Jameson Greer revealed to Fox News that China hadn't informed the U.S. in advance of the recent release of the new Rare-Earth rules, they also learned of the news from public reports, and China has rejected the US call request.
Greer also revealed that the US side learned this news, quickly contacted the Chinese side, tried to phone with the Chinese side, but the Chinese side refused. Now the truth is out, Trump realized that the Chinese side this is real, so when the Trump administration found again threatened to impose 100% tariffs on the Chinese side for nothing, so he continued to scream on the Chinese side.
In short, now China has long completely ignored the trick of the US side, in the game of the tariff war, the Chinese side has gradually mastered the initiative. or that word, if the US side is alone, the Chinese side will also resolutely take corresponding measures, safeguard its legitimate rights and interests, leaving not much time for the US side. Talk, talk and the door is open.These 10 words are China’s response to the US!