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Donald Trump’s newest threat to introduce an extra complete levy on products from China has been described as a “typical example” of American hypocrisy, as stated by the Beijing administration.

A Commerce Ministry spokesperson additionally remarked that Beijing could enact its own unspecified “countermeasures” if the American leader carries out his pledge, adding that the country was “not afraid” of a possible commercial battle.

This past Friday, Trump responded at the Chinese government’s action to tighten its rules for foreign shipments of critical elements, alleging China of “becoming very hostile” and attempting to hold the international market “hostage”.

Furthermore, he vowed to withdraw from a planned talks with China’s President Xi, which was set for a summit in South Korea before the month ends.

The former president’s remarks on last Friday rattled global markets, with the S&P 500 share index dropping 2.7%, marking its largest decline since April.

The president’s words reignited concerns of a commercial dispute between the US and China.

This past spring, the both nations had consented to drop triple-digit tariffs on each other’s products, which had created the possibility of commerce ceasing between the two countries.

Consequently, American import duties on products from China facing an added import tax compared with the start of the year, while US goods entering the country face a 10% tariff.

Beijing’s recent statements – published by the Commerce Ministry in the manner of written responses to media inquiries – echoed terminology from the zenith of the latest commercial tensions.

They criticised US export restrictions on semiconductors and chips while justifying the country’s own restrictions on exports on rare earths as “standard procedures” to safeguard domestic safety and that of the global community.

Their representative said that for “an extended period”, the America had “expanded the interpretation” of state security, abused foreign shipment regulations and “enforced” discriminatory practices against the Chinese nation.

“Resorting to tariff threats is not the proper method to engage with Beijing,” their representative said.

“The nation’s view” on a trade conflict has remained consistent: we wish to avoid one, but we are not afraid of one.”

Recently, China announced it was strengthening foreign shipment restrictions on rare earths and other materials critical for advanced tech manufacturing.

This move was regarded as a important measure, as the state processes about the vast majority of the global rare earth supply, which are used in goods such as renewable energy components and mobile phones.

New remarks from both governments are being seen by observers as a method of enhancing bargaining power prior to future trade talks.

Remains uncertain whether a talks between the former president and China’s leader, scheduled at a conference in the Republic of Korea before month’s end, will still proceed.