SaralnamaDonald Trump's latest threat to impose an additional 100% tariff on Chinese goods is "a typical example of US double standards", China's government has said. A Commerce Ministry spokesperson also said China could introduce its own unspecified "countermeasures" if the US President carries out his threat, adding it was "not afraid" of a possible trade war. On Friday, Trump hit back at Beijing's move to tighten its rules for exports of rare earths, accusing China of "becoming very hostile" and trying to hold the world "captive". He also threatened to pull out of a meeting with China's President Xi Jinping scheduled for later this month. Trump's comments on Friday rattled financial markets, with the S&P 500 share index closing down 2.7%, its steepest fall since April. The president's words renewed fears of a trade war between the US and China.… (Updated 12 Oct 2025, 16:19 IST; source: link)
Key Points
- Donald Trump's latest threat to impose an additional 100% tariff on Chinese goods is "a typical example of US double standards", China 's government has said
- A Commerce Ministry spokesperson also said China could introduce its own unspecified "countermeasures" if the US President carries out his threat, adding it was "not afraid" of a possible trade war
- On Friday, Trump hit back at Beijing's move to tighten its rules for exports of rare earths, accusing China of "becoming very hostile" and trying to hold the world "captive"