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Trump’s newest threat to introduce an extra complete levy on Chinese goods has been described as a “typical example” of American hypocrisy, as stated by the Chinese government.

A official from China’s Commerce Ministry further commented that Beijing could enact its own unrevealed “responsive actions” if the US President follows through on his pledge, emphasizing that the country was “not afraid” of a potential trade conflict.

Last Friday, Trump hit back at the Chinese government’s action to strengthen its policies for exports of rare earth minerals, charging Beijing of “turning aggressive” and attempting to hold the world “under its control”.

He also warned to withdraw from a arranged talks with Beijing’s head of state Xi, which was expected to take place during a meeting in South Korea later this month.

His statements on that day rattled financial markets, with the S&P 500 dropping nearly three percent, marking its steepest fall since last spring.

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

Earlier this year, the two sides had agreed to drop significant levies on each other’s goods, which had created the possibility of commerce ceasing between the two nations.

As a result, US tariffs on Chinese imports facing an added 30% levy compared with the year’s onset, while US goods entering the Chinese market face a 10% tariff.

China’s latest remarks – published by the relevant government department in the manner of written responses to press queries – mirrored rhetoric from the height of the ongoing trade dispute.

The remarks condemned American limits on exports on chips and semi-conductors while justifying the country’s own overseas sale regulations on key elements as “standard procedures” to safeguard national security and that of the global community.

The spokesperson remarked that for “a long time”, the United States had “broadened the definition” of domestic safety, misused foreign shipment regulations and “enforced” discriminatory practices against Beijing.

“Turning to” import duty warnings is not the right way to interact with China,” the official stated.

“The nation’s view” on a import duty dispute has consistently been unchanging: we wish to avoid one, but we are not afraid of one.”

The previous week, China announced it was strengthening export controls on rare earth minerals and other materials vital for advanced tech manufacturing.

The action was viewed as a key move, as the nation handles about 90% of the world’s rare earths, which are employed in goods such as renewable energy components and smartphones.

New remarks from Washington and Beijing are being viewed by some as a means of strengthening positions prior to future trade talks.

Is not yet known whether a meeting between Donald Trump and Xi Jinping, expected at a conference in South Korea later this month, will take place as planned.