China 'not afraid of trade war,' accuses U.S. of 'double standard' for rare earths retaliation
Lucian Nemoiu
China on Sunday said "we are not afraid of" a trade war with the United States after President Donald Trump vowed to impose punishing new retaliatory tariffs on Chinese imports . A spokesperson for China's Ministry of Commerce accused the U.S. of a "textbook double standard" with Trump's promise on Friday to tack on additional 100% tariffs on those imports after China imposed new export controls on rare earths minerals . That promise in a social media post by the president shook U.S. stock
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