American and Chinese Trade
American and Chinese flags, diplomatic crisis concept
BANGKOK –The United States is once again taking a firm stance in defense of its economy, with President Donald Trump warning of 100 percent tariffs on all Chinese imports following Beijing’s decision to tighten export rules on rare earth elements, which are critical materials used in American electronics, vehicles, and defense technologies. (Source: AP News)
China’s surprise restrictions, announced late last week, were seen in Washington as a challenge to fair trade and open markets. The White House described the move as unexpected, while Trump, posting on Truth Social, said the U.S. seeks strong economic cooperation but “will not allow American industries to be undermined.” His administration signaled that additional export control measures could soon follow to protect domestic production and jobs. (Source: AP News)
In a formal statement, China’s Ministry of Commerce criticized the tariff threat and urged the U.S. to step back from what it called “provocative actions.” Beijing warned it would defend its interests, though analysts noted that China’s heavy reliance on the American market gives Washington leverage in any future talks. (Source: Reuters)
Economists say the confrontation underscores a long-running power struggle over supply chains and technology leadership. Because China dominates the global rare-earth market, the new controls could disrupt production of electronics and electric vehicles. U.S. policymakers argue that Trump’s tariff warning is intended to safeguard American manufacturing and reduce dependence on foreign minerals critical to national security. (Source: Al Jazeera)
The renewed trade tension caused unease in financial markets, but domestic manufacturers largely welcomed the administration’s focus on leveling the playing field. Analysts said the move signals a broader push to rebuild U.S. industrial strength and ensure America’s long-term competitiveness in key technologies.
(Source: CBS News)
Sources: AP, CBS News, Al Jazeera)
