seem like he wanted to affect the Market intentionally
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Panda Traders
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China Responds to US Tariffs: "We Do Not Want a Tariff War, But We Are Not Afraid of One"
China has issued its first official response to President Trump’s announcement of 100% tariffs on Chinese goods.
China blames the United States for escalating the trade war and emphasized that it seeks dialogue not confrontation.
Key points from China’s statement:
1. The recent change is not a full export ban
2. Applications that “meet regulations” will be approved
3. Willing to engage in deeper dialogue
4. Seeks global industrial and supply chain stability
5. Says the relevant impact of export controls is "very limited"
6. Describes the move as a "necessary defensive action"
China reiterated that its recent export controls on rare earths were “necessary, defensive actions,” and warned that it would take corresponding measures if the United States continues to raise tariffs.
China blames the United States for escalating the trade war and emphasized that it seeks dialogue not confrontation.
Key points from China’s statement:
1. The recent change is not a full export ban
2. Applications that “meet regulations” will be approved
3. Willing to engage in deeper dialogue
4. Seeks global industrial and supply chain stability
5. Says the relevant impact of export controls is "very limited"
6. Describes the move as a "necessary defensive action"
China reiterated that its recent export controls on rare earths were “necessary, defensive actions,” and warned that it would take corresponding measures if the United States continues to raise tariffs.
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