China has accused the United States of applying “double standards” in trade policies, following President Donald Trump’s announcement of an additional 100 percent tariff on Chinese goods. The tariff, set to take effect on November 1, is in response to China’s newly imposed export curbs on rare-earth minerals, which Trump described as “extraordinarily aggressive.”

A spokesperson for China’s Ministry of Commerce stated that the US action is a clear example of double standards, emphasizing that such measures have harmed China’s interests and undermined the atmosphere of economic and trade talks between the two nations. The ministry noted that the US has been escalating economic measures against China since September, which has severely impacted the trade negotiations.

The US tariffs are part of an ongoing trade dispute between the two countries. President Trump had also threatened to cancel a scheduled meeting with Chinese President Xi Jinping, initially planned for later this month. China views the US approach as unconstructive, stating that “threatening high tariffs at every turn is not the right approach to engaging with China.”

The trade tensions between the US and China have been escalating over the past year, with both countries imposing tariffs on each other’s goods. The US has been pressing China to address issues such as intellectual property protection, forced technology transfer, and trade imbalances. China, on the other hand, has been seeking a more balanced trade relationship and an end to the US tariffs.

The latest development in the trade dispute has significant implications for the global economy, as both the US and China are major trading nations. The imposition of additional tariffs could lead to higher prices for consumers and potentially disrupt global supply chains. As the trade talks between the two nations continue, it remains to be seen how the situation will unfold and what impact it will have on the global economy.