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Trump’s most recent ultimatum to introduce an extra 100% tariff on items imported from China has been labeled a “classic case” of US double standards, per the Beijing administration.

A Commerce Ministry spokesperson additionally remarked that China could implement its own unrevealed “responsive actions” if the US President executes his warning, emphasizing that the country was “unafraid” of a possible commercial battle.

This past Friday, the former president responded at the Chinese government’s action to reinforce its rules for exports of rare earth minerals, charging Beijing of “turning aggressive” and attempting to hold the world “under its control”.

Additionally, he threatened to pull out of a arranged summit with China’s President Xi, which was set for a summit in South Korea in the coming weeks.

His statements on last Friday shook stock exchanges, with the S&P 500 share index closing down 2.7%, marking its steepest fall since last spring.

These statements reignited concerns of a trade war between the two economic giants.

In May, the both nations had consented to eliminate significant levies on each other’s products, which had led to concerns of trade halting between the economic powers.

As a result, American import duties on Chinese goods incurring an additional 30% levy compared with the start of the year, while items from the United States entering China face a import levy.

Beijing’s recent statements – published by the relevant government department in the manner of official answers to journalist’s questions – reflected terminology from the zenith of the recent trade conflict.

Officials denounced American limits on exports on chips and semi-conductors while supporting the country’s own export controls on key elements as “standard procedures” to safeguard state interests and that of every country.

The official stated that for “many years”, the US had “overstretched the concept of domestic safety, abused overseas sale restrictions and “adopted discriminatory practices against China.

“Using” trade levy ultimatums is not the proper method to engage with the Chinese government,” their representative commented.

“Beijing’s stance” on a trade conflict has always been consistent: we wish to avoid one, but we are not afraid of one.”

Last week, China declared it was tightening foreign shipment restrictions on rare earths and further resources critical for cutting-edge industry.

This was seen as a significant step, as the country handles about 90% of the planet’s critical minerals, which are used in goods such as photovoltaic modules and handheld devices.

Latest statements from both governments are being interpreted by some as a means of bolstering negotiating stances prior to forthcoming discussions.

Remains uncertain whether a summit between the former president and Xi Jinping, planned at a summit in Seoul later this month, will still proceed.