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The former US president’s newest ultimatum to impose an additional full import duty on Chinese goods has been described as a “typical example” of American hypocrisy, per the China’s leadership.

A representative of the ministry also stated that Beijing could enact its own unspecified “countermeasures” if the White House occupant follows through on his threat, noting that the country was “unafraid” of a looming trade war.

This past Friday, Donald Trump retaliated at the Chinese government’s action to tighten its rules for overseas sales of critical elements, alleging China of “becoming very hostile” and attempting to hold the international market “captive”.

Additionally, he warned to cancel a scheduled summit with China’s President President Xi, which was set for a meeting in the Republic of Korea later this month.

The former president’s remarks on that day rattled global markets, with the S&P 500 share index dropping 2.7%, marking its steepest fall since April.

His comments revived concerns of a commercial dispute between the United States and China.

This past spring, the both nations had agreed to eliminate significant levies on each other’s goods, which had led to concerns of trade halting between the two nations.

This left, American import duties on Chinese imports incurring an additional thirty percent tariff compared with the year’s onset, while US goods entering the Chinese market are subject to a 10% tariff.

China’s latest remarks – released by the relevant government department in the form of written responses to journalist’s questions – reflected rhetoric from the height of the recent trade conflict.

They criticised United States controls on electronic components while justifying the country’s own restrictions on exports on key elements as “normal actions” to safeguard domestic safety and that of every country.

Their representative remarked that for “a long time”, the US had “broadened the definition” of state security, abused export control measures and “adopted discriminatory practices against China.

“Using” import duty warnings is not the proper method to deal with Beijing,” the official stated.

“Beijing’s stance” on a import duty dispute has consistently been steady: we are not seeking one, but we are fearless of one.”

The previous week, China announced it was reinforcing foreign shipment restrictions on rare earth minerals and additional substances vital for high-technology production.

This move was regarded as a significant step, as the state handles about 90% of the world’s rare earths, which are used in goods such as photovoltaic modules and handheld devices.

New remarks from the US and China are being viewed by observers as a strategy of bolstering negotiating stances in preparation for forthcoming discussions.

It is unclear whether a talks between Donald Trump and President Xi, scheduled at a conference in the Republic of Korea before month’s end, will go ahead.