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Trump’s most recent warning to enforce an additional full import duty on Chinese goods has been labeled a “classic case” of American hypocrisy, as stated by the China’s leadership.

A Commerce Ministry spokesperson additionally remarked that the nation could implement its own unspecified “responsive actions” if the American leader follows through on his pledge, adding that the country was “unafraid” of a possible trade war.

Last Friday, Trump retaliated at Beijing’s move to tighten its regulations for foreign shipments of rare earth minerals, accusing China of “turning aggressive” and attempting to hold the international market “captive”.

Additionally, he threatened to pull out of a arranged talks with Chinese leader President Xi, which was set for a summit in the Republic of Korea before the month ends.

The former president’s remarks on Friday rattled stock exchanges, with the S&P 500 share index dropping nearly three percent, marking its steepest fall since earlier this year.

His comments reignited concerns of a commercial dispute between the United States and China.

This past spring, the two sides had reached an agreement to drop triple-digit tariffs on each other’s goods, which had raised the prospect of trade halting between the two countries.

This left, US tariffs on Chinese goods incurring an added thirty percent tariff compared with the start of the year, while American products entering the country face a 10% tariff.

The most recent comments from China – released by the Ministry of Commerce in the form of written responses to journalist’s questions – mirrored rhetoric from the zenith of the latest commercial tensions.

Officials denounced United States controls on chips and semi-conductors while supporting China’s own overseas sale regulations on rare earth minerals as “normal actions” to safeguard state interests and that of the global community.

The official stated that for “many years”, the United States had “expanded the interpretation” of state security, exploited foreign shipment regulations and “adopted biased policies against the Chinese nation.

“Turning to” tariff threats is not the proper method to deal with China,” the official said.

“Beijing’s stance” on a trade conflict has consistently been unchanging: we are not seeking one, but we are fearless of one.”

Recently, Beijing declared it was tightening overseas sale regulations on key elements and additional substances vital for advanced tech manufacturing.

This was seen as a important measure, as the nation refines about ninety percent of the world’s rare earths, which are utilized in items such as renewable energy components and mobile phones.

New remarks from Washington and Beijing are being interpreted by observers as a method of enhancing bargaining power prior to upcoming negotiations.

Is not yet known whether a talks between the former president and President Xi, scheduled at a summit in Seoul in the coming weeks, will still proceed.