Resolute steps in store if US imposes 100% tariffs: China

China on Sunday defended its latest export control measures on rare earths and related items as a legitimate action to safeguard global peace, warning the US of "resolute measures” if President Donald Trump proceeds with his threat to impose 100 per cent tariffs on Chinese exports.

- PTI

China on Thursday announced new restrictions on the export of technologies and equipment related to the mining and processing of rare earths, lithium batteries, and rare earth-based superhard materials.

The controls, which took effect immediately, also cover overseas transfers of production technologies.

Beijing said the decision followed concerns that some foreign companies were using Chinese-sourced materials for military purposes.