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  • 4 months ago
The Chinese commerce ministry said on Thursday (October 16) that U.S. interpretations of China’s rare earth export controls grossly distorted facts and caused unnecessary panic, defending its measures as a “legitimate practice to refine the export control system.”

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00:00The Chinese Commerce Ministry said on Thursday, October 16 that U.S. interpretations of China's rare-earth export controls grossly distorted facts and caused unnecessary panic, depending its measures as legitimate practice to refine the export control system.
00:16U.S. Trade Representative Jameson Greer on Wednesday called China's new rare-earth export restrictions a global supply chain power grab and suggested Beijing could stave off President Donald Trump's threat to reimpose triple-digit tariffs on Chinese goods by shelving the measures set to take effect on November 8.
00:36Beijing maintains it not only notified Washington before announcing the new licensing regime, but that the controls are also consistent with measures long in place in other major economies.
00:49The U.S. and China have been embroiled in a war of words since a September telephone call between Trump and Chinese leader Xi Jinping, with each accusing the other of stoking tensions weeks ahead of an expected meeting between the two men.
01:06按照两国元首通话共识和中美经贸会谈共识,一直主动于美方就301调查限制措施,进行磋商、沟通,秉持建设性姿态,并提出相关合作建议,但美方态度消极,执意实施限制措施。
01:29中方不得不采取反制措施,包括,以法易规对设美船船收取特别港务费。
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