
U.S. and China national flags adorn motorcades in Beijing, China.
Pool | Getty Images News | Getty Images
China on Sunday defended its new export controls on rare earths as a “legitimate” measure under international law, pushing back against U.S. accusations of economic coercion after Washington announced sweeping retaliatory tariffs and export restrictions.
The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing’s effort to strengthen its export control system and “better safeguard world peace and regional stability” amid what it described as a turbulent global security environment.
The measures, which now cover not only rare earth materials but also related intellectual property and technologies, were announced just weeks before a potential meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.
“These controls do not constitute export bans. Applications that meet the requirements will be approved,” a commerce ministry spokesperson said. “China has fully assessed the potential impact of these measures on the supply chain and is confident that the impact will be very limited.”
The ministry said it had notified “relevant countries and regions” through bilateral dialogue mechanisms before unveiling the measures, adding that China remains open to further cooperation on export control practices to “safeguard the security and stability of global industrial and supply chains.”
Beijing’s announcement on Oct. 9 triggered an immediate response from Washington.
On Oct. 10, Trump announced new tariffs of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on Nov. 1. Trump also said that the U.S., on that same date, would also impose export controls on “any and all critical software.”
This is breaking news. Please refresh for updates.
Disclaimer: This news has been automatically collected from the source link above. Our website does not create, edit, or publish the content. All information, statements, and opinions expressed belong solely to the original publisher. We are not responsible or liable for the accuracy, reliability, or completeness of any news, nor for any statements, views, or claims made in the content. All rights remain with the respective source.