Trump rates: China suggests four conditions to start trading, warns Donald Trump not to threaten Beijing | Mint

US against China Trade War: Hours after it was reported that we now charge a huge rate of 245% on Chinese goods, Beijing replied with readiness to join the negotiating table to calm the trade war. China noted that we ‘stop exerting extreme pressure, stop threatening and blackmailing’ if they want to open trade conversations. China also imposed three riders for trade conversations between the two largest economies of the world. “If the US really wants to resolve the issue through dialogue and negotiation, it should stop exerting extreme pressure, stop threatening and blackmailing, and talking to China based on equality, respect and mutual benefit,” Foreign Ministry spokesman Lin Jian said. China said on Wednesday that its economy grew a forecast by 5.4 percent in the first quarter when exporters rushed to get goods from factory gates in front of the US charges. However, analysts have warned that the impact of US rates will be felt in the second quarter. “The escalation that takes place in April will be felt in the figures of the second quarter, as the rates will send state firms looking at other suppliers, hinder the Chinese exports and drop the brakes on investment,” Heron Lim of Moody’s analysis told AFP. What did China ask of us? According to the report of Times of India, China has made the following demands that Beijing will reach the negotiating table with us: an accumulation of the desecration of remarks made by US cabinet members, a constant US position on trade issues addresses China’s concerns about US sanctions and US policy on Taiwan to give a clear support from Trump and Chinese president of the Chinese President of Trump and Chinese President of Trump, who could be put by Trump with Rare Earths – China’s ‘Trump’ card against us? China’s dominance of the rare Earths supply chain has emerged as one of the most powerful instruments in a renewed trade war with the US president. The minerals – used to drive everything from iPhones to electric vehicles – are important components for the types of advanced technology that will define the future. Unlike rates, it is an area where Donald Trump has limited reciprocal retaliation options. Rare earth elements are a group of 17 metals that are more common than gold and found worldwide, also in the US. However, its withdrawal and processing is expensive, complicated and environments harmful. The US and other countries have been dependent on Beijing’s offer of these processed metals for decades. China accounts for 61% of the global mined rare earth production, but control over the processing phase is 92% of the global production, according to the International Energy Agency. On April 4, after years of veiled warnings, the Chinese government placed export restrictions on seven types of rare earthminerals, as part of its retaliation against Trump’s initial 34% “reciprocal” rates on Chinese goods. The new rules require all companies to ensure the consent of the government to export the seven minerals as well as associated products, such as magnets. America’s advanced weapons manufacturers are likely to face a critical shortage of the most important rare-earth minerals they import from China as a result of Donald Trump’s growing trade war with Beijing. First published: 16 Apr 2025, 22:07 IST