China terms US threat to levy additional 100% tariff 'double standard'

The ministry urging the United States to manage differences through dialogues and based on mutual respect and equal-footed consultation.

China had made a thorough assessment of the measures' possible impact on industrial and supply chains in advance and is certain that related impact is very limited, a ministry spokesperson said, noting that before the measures were announced, China had already notified relevant countries and regions through bilateral export control dialogue mechanisms.

"China's export controls are not export bans," clarified the spokesperson. "All applications of compliant export for civil use can get approval, so that relevant businesses have no need to worry."

China stands ready to work with the rest of the world to step up export control dialogue and exchange, so as to better safeguard the security and stability of global industrial and supply chains, the spokesperson said.

China will conduct reviews as per laws and regulations, grant licenses to eligible applications, as well as actively consider the applicability of facilitation measures such as general licenses and license exemptions to effectively promote legitimate trade, according to the spokesperson.

For a long time, the United States has been overstretching the concept of national security, abusing export control, taking discriminatory actions against China, and imposing unilateral long-arm jurisdiction measures on various products including semiconductor equipment and chips, said the spokesperson.

The US Commerce Department’s control list covers over 3,000 items, whereas China's export control List of dual-use items only covers about 900, the spokesperson said, noting that the United States has long imposed the de minimis rule for export controls, with a lowest threshold of zero per cent.

“These measures by the US side have seriously harmed the legitimate and lawful rights and interests of companies, severely disrupted the international economic and trade order, and gravely undermined the security and stability of global industrial and supply chains,” noted the spokesperson.

"Willful threats of high tariffs are not the right way to get along with China," the spokesperson emphasised. "China's position on the trade war is consistent: we do not want it, but we are not afraid of it."

ALCHEMPro News Desk (DS)