China defends rare earth export curbs as ‘legitimate,’ hits back at U.S. tariffs ahead of possible Trump-Xi meeting | Crypto Craft

  • China defends rare earth export curbs as ‘legitimate,’ hits back at U.S. tariffs ahead of possible Trump-Xi meeting

    From cnbc.com

    China on Sunday defended its new export controls on rare earths as a “legitimate” measure under international law, pushing back against U.S. accusations of economic coercion after Washington announced sweeping retaliatory tariffs and export restrictions. The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing’s effort to strengthen its export control system and “better safeguard world peace and regional stability” amid what it described as a turbulent global security environment. The measures, which now cover not only rare earth materials but also related intellectual ... (full story)

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Nick.
Oct 12, 2025 5:12am
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The only check and balance on Trump is China. China is the sole institution in the world over which Trump has no influence, and because of this, some countries will soon be forced to choose between the two, and it is highly likely they will choose China.
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Twocans
Oct 12, 2025 9:37am
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China does not want allies. China wants World domination; they're over 50% of all container shipping already and wanted control the Panama Canal. Better brush up in your Chinese and get used to more knock off cheap 'Made in China' crap if that 'check and balance" wins. Not many men can stand up in the moment 'under fire' and not duck for cover, that speaks volumes.
LightchaserG
Oct 12, 2025 10:06am
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What a dush bag Trump is! the most corrupt president in history, and he lashes out like a baby.
He will enact 100% tariffs in 2 WEEKS again! HAHAHAAH lol

Please, someone impeach this idiot.
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Trader#E4FF
Oct 12, 2025 10:15am
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LMAO

China is a shithole. Anyone actually been there? It's a third world country. An FYI to those who have spent their lives in a basement...

Nothing to worry about. Most of the billions live in straw huts outside the majors.

Compare that with America and its nation of Rambo's armed with military hardware.

I know who I'd BUY....
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Trader#A306
Oct 12, 2025 5:34am
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Trump is watching China with scare and envy. Escalation is inevitable.
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Trader#7159
Oct 12, 2025 7:05am
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I wouldn't express opinions on issues that you really have no idea of what you're talking about, nor do you have the expertise. Just focus on your trading while you still are able to do it.
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Trader#99B1
Oct 12, 2025 8:47am
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Very tempered response, so all pre market indicators show a gap up tonight. One day sell off was all we got.
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