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Donald Trump’s newest ultimatum to introduce an additional complete levy on products from China has been described as a “classic case” of US double standards, as stated by the Chinese government.

A official from China’s Commerce Ministry further commented that the nation could implement its own unspecified “responsive actions” if the White House occupant executes his pledge, emphasizing that the country was “fearless” of a potential commercial battle.

Last Friday, Trump retaliated at the Chinese government’s action to reinforce its policies for overseas sales of rare earth minerals, charging the Chinese leadership of “adopting a confrontational stance” and attempting to hold the global community “under its control”.

Furthermore, he vowed to withdraw from a scheduled meeting with China’s President Xi, which was set for a meeting in Seoul in the coming weeks.

Trump’s comments on last Friday rattled global markets, with the S&P 500 share index falling by 2.7%, marking its steepest fall since last spring.

The president’s words revived apprehensions of a trade war between the two economic giants.

In May, the two sides had consented to eliminate significant levies on each other’s products, which had raised the prospect of bilateral trade stopping between the economic powers.

This left, US tariffs on Chinese goods subject to an additional thirty percent tariff compared with the year’s onset, while American products entering the country face a ten percent duty.

China’s latest remarks – issued by the Commerce Ministry in the manner of written responses to media inquiries – echoed language from the peak of the ongoing trade dispute.

They criticised US export restrictions on electronic components while defending Beijing’s restrictions on exports on rare earth minerals as “standard procedures” to safeguard state interests and that of all nations.

The official stated that for “an extended period”, the America had “broadened the definition” of state security, misused export control measures and “implemented” discriminatory practices against the Chinese nation.

“Resorting to trade levy ultimatums is not the proper method to deal with Beijing,” their representative commented.

“The nation’s view” on a tariff war has consistently been consistent: we wish to avoid one, but we are not afraid of one.”

Recently, China revealed it was strengthening overseas sale regulations on rare earths and further resources vital for cutting-edge industry.

This move was regarded as a significant step, as the country processes about 90% of the global rare earth supply, which are utilized in items such as renewable energy components and mobile phones.

Latest statements from the US and China are being interpreted by observers as a method of bolstering negotiating stances ahead of future trade talks.

Remains uncertain whether a summit between the former president and Xi Jinping, scheduled at a conference in the Republic of Korea in the coming weeks, will still proceed.