China defends rare earth curbs as ‘legitimate,’ warns U.S. tariffs risk backfiring

China has defended its new export restrictions on rare earth materials as “legitimate defensive actions,” after U. S. President Donald Trump threatened to double tariffs on Chinese goods to 100% and cancel his long-planned meeting with Xi Jinping, their first in six years. The decision of course reignited tensions between both governments just weeks after they […] source: https://www.cryptopolitan.com/china-defends-rare-earth-curbs-as-legitimate/