US China Trade War: Beijing Vows Retaliation After US' 100% Threat As Trump Softens Stance

US-China Trade War: Beijing has warned of “resolute countermeasures” if U.S. President Donald Trump proceeds with his 100% tariff threat on Chinese imports. The standoff follows China’s new restrictions on rare earth exports, crucial to global tech and defense industries. While Trump later softened his tone, calling President Xi “highly respected” and saying the U.S. “wants to help China, not hurt it,” Beijing remains firm. Markets dipped as fears of another trade war loom over fragile negotiations and global supply chains.