DEVELOPING: China Defies Trump's 100% Tariff Threat, Vows Unyielding Stance

BREAKING NEWS China Defies Trump's 100% Tariff Threat, Vows Unyielding Stance BEIJING - China has signaled it will not back down from a 100% tariff threat made by US President Donald Trump, urging the US to resolve differences through negotiations instead of threats. The Commerce Ministry issued a statement Sunday morning, saying "We do not want a tariff war but we are not afraid of one." The move comes after Trump threatened to raise taxes on Chinese imports by November 1 in response to new restrictions on rare earth exports. China's stance is seen as a major escalation in the ongoing trade tensions between the two nations. Background: The US and China have been locked in a trade war for months, with both sides imposing tariffs on each other's goods. Trump has repeatedly threatened to take action against Chinese imports, while China has vowed to retaliate. Current Status: The situation remains tense, with no clear resolution in sight. A possible meeting between Trump and Chinese leader Xi Jinping is now uncertain due to the escalating tensions. Developing Story: This story is ongoing, and we will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Npr.*