China accuses US of 'double standards' over tariff threat

Beijing says it could introduce "countermeasures" if the US President imposes an an additional 100% tariff on Chinese imports.

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A commerce ministry spokesperson also said China could introduce its own unspecified "countermeasures" if the US president carries out his threat, adding it was "not afraid" of a possible trade war.

On Friday, Trump hit back at Beijing's move to tighten its rules for rare earths exports, accusing it of "becoming very hostile" and trying to hold the world "captive". He also threatened to pull out of a meeting with China's President Xi Jinping later this month.

But on Sunday, Trump wrote: "Don't worry about China, it will all be fine!"

"Highly respected President Xi just had a bad moment. He doesn't want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!" Trump said in a post on social media, without elaborating further.