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Donald Trump’s most recent ultimatum to introduce an additional complete levy on products from China has been described as a “typical example” of United States’ contradictory behavior, as stated by the China’s leadership.

A Commerce Ministry spokesperson additionally remarked that the nation could implement its own unspecified “retaliatory steps” if the White House occupant executes his pledge, emphasizing that the country was “fearless” of a potential trade conflict.

This past Friday, Trump retaliated at Beijing’s move to strengthen its policies for exports of critical elements, alleging Beijing of “becoming very hostile” and attempting to hold the global community “captive”.

He also threatened to pull out of a arranged meeting with Chinese leader Xi Jinping, which was arranged for a meeting in the Republic of Korea in the coming weeks.

The former president’s remarks on last Friday unsettled global markets, with the S&P 500 dropping 2.7%, marking its biggest drop since April.

His comments revived fears of a trade war between the US and China.

In May, the both nations had agreed to drop significant levies on each other’s imports, which had led to concerns of bilateral trade stopping between the two nations.

As a result, United States levies on Chinese goods facing an added import tax compared with the year’s onset, while US goods entering the Chinese market face a ten percent duty.

China’s latest remarks – released by the Commerce Ministry in the form of formal replies to media inquiries – mirrored terminology from the height of the latest commercial tensions.

Officials denounced American limits on exports on semiconductors and chips while defending Beijing’s overseas sale regulations on rare earth minerals as “normal actions” to ensure national security and that of every country.

The official remarked that for “many years”, the United States had “broadened the definition” of domestic safety, exploited overseas sale restrictions and “adopted unfair treatments against China.

“Turning to” import duty warnings is not the correct approach to deal with the Chinese government,” the official commented.

“China’s position on a import duty dispute has always been steady: we do not want one, but we are unafraid of one.”

Last week, Beijing revealed it was strengthening foreign shipment restrictions on rare earths and other materials critical for high-technology production.

This was seen as a important measure, as the nation processes about 90% of the world’s rare earths, which are utilized in items such as photovoltaic modules and smartphones.

Latest statements from the US and China are being seen by analysts as a strategy of strengthening positions ahead of forthcoming discussions.

Remains uncertain whether a meeting between Donald Trump and China’s leader, expected at a summit in South Korea later this month, will take place as planned.