Sun Oct 12 05:28:38 UTC 2025: Okay, here’s a summarized news article based on the provided text, formatted for publication:

**Summary of Text:**

The provided text is a news report detailing the ongoing trade tensions between the United States and China. The conflict centers around tariffs and restrictions on rare earth exports. President Trump has threatened to raise tariffs on Chinese imports in response to China’s new regulations on rare earth exports. China has responded that it will not back down and insists on resolving differences through negotiation. Each side accuses the other of violating the spirit of the previous trade truce by imposing new restrictions.

**News Article:**

**China Refuses to Budge as US Tariff Threat Looms**

*Beijing, October 12, 2025 (The Hindu) –* China has firmly stated it will not yield to U.S. pressure amidst escalating trade tensions, responding to President Donald Trump’s threat of a 100% tariff increase on Chinese goods. The threat came after China imposed new restrictions on the export of rare earths, critical minerals used in a wide range of consumer and military products.

In a statement released by the Commerce Ministry, China urged the U.S. to resolve trade differences through dialogue and negotiation, rather than resorting to threats. “China’s stance is consistent. We do not want a tariff war, but we are not afraid of one,” the statement said.

The U.S. action was prompted by China’s new export regulations requiring special approval for foreign companies exporting goods containing even small amounts of Chinese-sourced rare earths. Washington sees this as an attempt to leverage China’s dominance in the rare earths market, which accounts for nearly 70% of global mining and roughly 90% of processing.

The tit-for-tat measures threaten to derail potential talks between President Trump and Chinese leader Xi Jinping, potentially ending a temporary truce in the trade war. Both countries accuse the other of violating the spirit of cooperation.

The Chinese Commerce Ministry, however, defended its export controls, stating that licenses would be granted for legitimate civilian uses. The ministry also pointed out new U.S. trade restrictions in recent weeks and new port fees for Chinese ships. In response, China announced Friday that it would impose port fees on American ships.

“Frequently resorting to the threat of high tariffs is not the correct way to get along with China,” the ministry said.

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