China vows to fight to the end after U.S imposes 100% tariffs

News Image

MG News | October 14, 2025 at 03:08 PM GMT+05:00

0:00

October 14, 2025 (MLN): China has pledged to “fight to the end” in its escalating trade war with the United States, after President Donald Trump imposed an additional 100% tariff on all Chinese goods.

“On the matter of tariff wars and trade wars, China’s position remains consistent,” a spokesperson from the Commerce Ministry said. “If you wish to fight, we shall fight to the end; if you wish to negotiate, our door remains open.”, as reported by APP.

The latest move by Washington has heightened global concerns about worsening tensions between the world’s two largest economies.

Trump said the new tariffs were a response to Beijing’s recent decision to impose sweeping export controls on rare earth materials a critical sector in which China maintains global dominance.

Markets reacted sharply to the headline, casting doubt on a potential meeting between Trump and Chinese President Xi Jinping in South Korea.

Trump also revealed plans to impose U.S. export controls “on any and all critical software” starting November 1.

In response, China defended its export control measures, describing them as legitimate steps to strengthen its regulatory system.

“As a responsible major power, China has consistently and resolutely safeguarded its own national security and international collective security,” the Commerce Ministry spokesperson said.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 161,935.19
239.78M
0.80%
1277.69
ALLSHR 97,989.64
672.11M
0.80%
780.92
KSE30 49,083.13
162.29M
0.73%
357.18
KMI30 231,590.57
121.07M
0.80%
1835.48
KMIALLSHR 63,730.38
301.36M
0.65%
414.39
BKTi 44,511.26
43.79M
1.00%
442.70
OGTi 31,229.10
21.20M
1.42%
438.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 95,045.00 100,495.00
94,230.00
-3080.00
-3.14%
BRENT CRUDE 64.29 64.87
63.36
1.28
2.03%
RICHARDS BAY COAL MONTHLY 85.00 85.00
85.00
0.05
0.06%
ROTTERDAM COAL MONTHLY 96.45 96.45
95.75
1.20
1.26%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 59.95 60.65
58.71
1.26
2.15%
SUGAR #11 WORLD 14.85 15.05
14.35
0.41
2.84%

Chart of the Day


Latest News
November 15, 2025 at 10:28 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


November 15, 2025 at 12:45 AM GMT+05:00

FFC harvests success with KMI-30 entry


November 14, 2025 at 05:45 PM GMT+05:00

Pakistan’s FE-25 deposits dip to $6.97bn in October 2025


November 14, 2025 at 05:44 PM GMT+05:00

SECP pushes big reforms to drive fintech & inclusion



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg