In a recent statement, China has firmly rejected President Trump's threat to impose a 100% tariff on imports from the country, urging the United States to resolve trade disputes through dialogue rather than intimidation. The Chinese Commerce Ministry highlighted that while they do not seek a tariff war, they are not afraid to respond to U.S. actions that threaten their economic interests. This response comes in light of new restrictions imposed by China on the export of rare earth materials, which are essential for numerous consumer and military products. The ongoing trade tensions have raised concerns about the potential for a renewed trade war, especially as both nations have accused each other of violating previous agreements. The situation is further complicated by Trump's threats of export controls on critical software and new port fees affecting Chinese shipping. As China controls a significant portion of the global rare earth supply, the implications of these tariffs could have far-reaching effects on international trade and manufacturing.