rare earth export controls
Escalating US-China Trade Tensions: Beijing Urges Washington to "Respect Facts" Amid 100% Tariff Threat
Oct 16, 2025 01:54 pm CST
China has responded to US President Trump's threat of imposing 100% tariffs on Chinese goods by calling for adherence to international trade rules. The dispute has intensified with China sanctioning five US-based subsidiaries of South Korea's Hanwha Ocean Co and implementing new port fees on US vessels. This escalation follows China's export controls on rare earth materials and the US extending Section 301 measures to China's shipbuilding sector, highlighting the deteriorating trade relations between the world's two largest economies.
