The Chinese communist regime has indicated it will continue its aggressive trade tactics with the United States following President Donald Trump’s threat of new tariffs in response to Beijing’s export restrictions.
The Chinese regime’s Ministry of Commerce said in a statement on Oct. 12 that its recent export controls on rare earth materials and related products are part of an effort to “refine its export control system” in line with the regime’s laws and regulations. China holds a monopoly on rare earth minerals, particularly on the processing and refining side.
On Oct. 9, the regime blacklisted nearly a dozen defense companies operating in the United States and rolled out extensive restrictions on the export of rare earths and other materials critical to semiconductor manufacturing and military equipment. On Oct. 10, the Chinese regime introduced new port fees on American ships and opened an antitrust investigation into U.S. chipmaker Qualcomm….
CCP Responds to Trump’s New 100 Percent Tariffs
