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Trump Aims for Cooperation Amid China Tariff Threats

10/12/2025

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Story summary
  • President Donald Trump said the United States aims to assist China, despite threatening a 100% tariff on Chinese imports.
  • The remarks follow concerns about a trade war, as rare earth tensions and China's dominance contributed to stock declines.
  • China responded firmly, saying it would not back down and urging negotiations instead of threats.
  • The Chinese Commerce Ministry said it does not desire a tariff war but is prepared for one.