The world is reeling from Trump’s tariff war. But China plans to ‘turn crisis into opportunity’
- China imposed export restrictions on seven rare earth elements Friday.
- This action responded to President Trump's additional tariffs on Chinese goods.
- The curbs target seven specific minerals and finished products, allowing control via export permits.
- China produces 90% of global refined rare earths, and the U.S. Relies on China for about 78% of its demand.
- The action could disrupt U.S. Supply chains for critical industries like defense and clean energy.
172 Articles
172 Articles
What America Misunderstands About China's Trade Resolve
Following the U.S. implementation of new reciprocal tariffs on Chinese goods, China’s swift and decisive imposition of a 34 percent tariff on American imports, coupled with tightened export controls on rare earths and the blacklisting of U.S. companies, underscores Beijing’s resolve to defend its economic interests against what it perceives as unilateral bullying. The timing and scale of China’s response, just days after the United States unveil…

China Retaliates with Tariffs and Trade Restrictions
by Martin Armstrong, Armstrong Economics: China imposed a 34% retaliatory tariff on all US goods that will go into effect on April 10. Trump hit China with a 34% tariff in addition to the 20% levy implemented earlier in the year, marking up all Chinese exports by 54%. China is not taking matter lightly, and […]
World leaders seek ways to counter US hegemony
Staff reporter and agencies China yesterday blamed the United States for wielding hegemony at the expense of other nations and said it is ready to unleash stimulus to counter the effects of the tariff war. And US President Donald Trump denied manipulating the market, amid the global chaos in...


Customs duties and counter-tariffs: China's wire rope act in response to Trump's all-round envelope
China is regarded as one of Trump's main addressees of tariffs and has already reacted with counter-tariffs. However, the door to negotiations remains open, but the US is threatening new tariffs.
China responds to Trump: you didn't catch us by surprise (and you can't do without us)
Beijing responds to Trump's tariffs by boosting domestic market demand. But at the moment it does not seem that a coalition is being formed on the part of Asian countries against the new regime of tariffs decided by America
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