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Trump’s most recent warning to introduce an extra 100% tariff on Chinese goods has been called a “typical example” of US double standards, according to the China’s leadership.

A Commerce Ministry spokesperson additionally remarked that the nation could introduce its own unspecified “retaliatory steps” if the White House occupant carries out his warning, emphasizing that the country was “not afraid” of a potential commercial battle.

This past Friday, the former president hit back at Beijing’s move to reinforce its regulations for overseas sales of critical elements, alleging the Chinese leadership of “becoming very hostile” and attempting to hold the international market “hostage”.

Furthermore, he vowed to pull out of a scheduled meeting with Beijing’s head of state Xi, which was set for a summit in Seoul before the month ends.

Trump’s comments on that day rattled global markets, with the S&P 500 closing down 2.7%, marking its steepest fall since earlier this year.

These statements renewed apprehensions of a trade war between the US and China.

In May, the two sides had consented to eliminate high import duties on each other’s goods, which had raised the prospect of trade halting between the two nations.

This left, United States levies on Chinese goods subject to an additional thirty percent tariff compared with the start of the year, while US goods entering the country incur a 10% tariff.

China’s latest remarks – published by the Ministry of Commerce in the format of formal replies to media inquiries – mirrored terminology from the peak of the latest commercial tensions.

Officials denounced American limits on exports on chips and semi-conductors while defending the country’s own overseas sale regulations on key elements as “routine measures” to safeguard national security and that of every country.

Their representative remarked that for “an extended period”, the United States had “broadened the definition” of domestic safety, abused foreign shipment regulations and “implemented” unfair treatments against Beijing.

“Using” trade levy ultimatums is not the right way to interact with China,” the official commented.

“The nation’s view” on a import duty dispute has remained steady: we do not want one, but we are unafraid of one.”

The previous week, Beijing announced it was tightening overseas sale regulations on rare earth minerals and further resources critical for high-technology production.

The action was viewed as a significant step, as the nation processes about 90% of the planet’s critical minerals, which are employed in goods such as renewable energy components and handheld devices.

The recent comments from both governments are being interpreted by observers as a means of enhancing bargaining power ahead of upcoming negotiations.

Is not yet known whether a summit between the former president and China’s leader, scheduled at a summit in Seoul before month’s end, will go ahead.