- Calls on US to act on the basis of equality, respect, and mutual benefit
This is their latest communique when briefing about Trump's latest tariffs threat. It's the usual salvo between the two and we'll only see things get done closer to the 1 November deadline. Beijing has already signaled it will stick with using rare earth export controls as their tool to manage the US, and the latter is responding with tariffs again. Sound familiar? That's basically the same position we got back in April to May.