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Trump’s latest ultimatum to impose an further complete levy on Chinese goods has been labeled a “prime illustration” of US double standards, according to the Beijing administration.

A representative of the ministry additionally remarked that the nation could introduce its own unspecified “countermeasures” if the American leader executes his threat, adding that the country was “fearless” of a looming commercial battle.

Last Friday, the former president retaliated at China’s decision to reinforce its rules for foreign shipments of critical elements, alleging China of “adopting a confrontational stance” and attempting to hold the world “under its control”.

He also warned to cancel a arranged summit with Chinese leader Xi, which was expected to take place during a summit in Seoul later this month.

The former president’s remarks on that day rattled global markets, with the benchmark US stock index dropping nearly three percent, marking its steepest fall since April.

These statements renewed fears of a trade conflict between the United States and China.

This past spring, the both nations had agreed to remove significant levies on each other’s goods, which had raised the prospect of commerce ceasing between the economic powers.

This left, US tariffs on Chinese goods facing an extra import tax compared with the start of the year, while items from the United States entering the Chinese market face a ten percent duty.

Beijing’s recent statements – issued by the Ministry of Commerce in the form of formal replies to press queries – mirrored rhetoric from the zenith of the recent trade conflict.

Officials denounced American limits on exports on electronic components while justifying the country’s own export controls on rare earth minerals as “routine measures” to protect domestic safety and that of every country.

The official said that for “a long time”, the US had “broadened the definition” of domestic safety, misused overseas sale restrictions and “adopted unfair treatments against the Chinese nation.

“Turning to” tariff threats is not the correct approach to interact with Beijing,” the official commented.

“Beijing’s stance” on a trade conflict has consistently been consistent: we wish to avoid one, but we are unafraid of one.”

The previous week, China declared it was tightening overseas sale regulations on rare earth minerals and additional substances vital for high-technology production.

This move was regarded as a important measure, as the country handles about ninety percent of the world’s rare earths, which are utilized in goods such as renewable energy components and handheld devices.

The recent comments from both governments are being seen by observers as a means of bolstering negotiating stances in preparation for upcoming negotiations.

Remains uncertain whether a talks between Trump and Xi Jinping, planned at a conference in the Republic of Korea in the coming weeks, will go ahead.