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The former US president’s newest threat to introduce an additional full import duty on products from China has been labeled a “typical example” of US double standards, as stated by the Beijing administration.

A official from China’s Commerce Ministry further commented that China could implement its own undisclosed “responsive actions” if the White House occupant carries out his pledge, emphasizing that the country was “fearless” of a possible trade conflict.

This past Friday, Donald Trump responded at the Chinese government’s action to strengthen its regulations for overseas sales of rare earth minerals, accusing Beijing of “becoming very hostile” and attempting to hold the global community “under its control”.

He also vowed to withdraw from a arranged meeting with Beijing’s head of state President Xi, which was set for a conference in South Korea before the month ends.

His statements on that day shook global markets, with the S&P 500 dropping nearly three percent, marking its biggest drop since April.

These statements renewed concerns of a commercial dispute between the two economic giants.

In May, the both nations had agreed to drop triple-digit tariffs on each other’s imports, which had raised the prospect of trade halting between the two nations.

As a result, US tariffs on Chinese imports incurring an additional 30% levy compared with the year’s onset, while US goods entering the Chinese market face a ten percent duty.

China’s latest remarks – published by the Ministry of Commerce in the format of formal replies to press queries – mirrored terminology from the height of the recent trade conflict.

Officials denounced United States controls on semiconductors and chips while justifying Beijing’s restrictions on exports on rare earths as “standard procedures” to safeguard national security and that of every country.

The official stated that for “many years”, the US had “overstretched the concept of domestic safety, exploited foreign shipment regulations and “adopted unfair treatments against the Chinese nation.

“Resorting to tariff threats is not the correct approach to deal with the Chinese government,” their representative stated.

“Beijing’s stance” on a trade conflict has consistently been unchanging: we do not want one, but we are not afraid of one.”

The previous week, China declared it was tightening overseas sale regulations on key elements and additional substances critical for advanced tech manufacturing.

The action was viewed as a key move, as the nation processes about ninety percent of the planet’s critical minerals, which are employed in items such as renewable energy components and mobile phones.

Latest statements from both governments are being seen by analysts as a method of bolstering negotiating stances prior to forthcoming discussions.

Remains uncertain whether a meeting between the former president and President Xi, expected at a summit in the Republic of Korea before month’s end, will go ahead.