The Wall Street Journal reported today (May 31st): Trump and his trade representative publicly accused China of "failing to fulfill the commitment to resume rare earth exports," claiming that the key to the previous agreement reached in Geneva between the United States and China was Beijing's concession on this issue.
Reviewing Trump's post on May 30th, he portrayed China's economy as precarious, claiming that U.S. tariffs caused a "devastating" impact on China's economy. He also made groundless accusations about social unrest in China, which is purely baseless. The Chinese economy, with its strong resilience and potential, continues to maintain stable growth despite the backdrop of trade friction. As for the so-called "rescue China" agreement, it falsely portrays itself as a savior while ignoring the essence of the U.S.-China agreement, which is based on equal consultation and mutual benefit.
Regarding the issue of rare earth exports, the United States claims that China has not fulfilled its commitment to resume rare earth exports, which is completely baseless. China's policy on rare earth control is based on long-term considerations of rational resource development, environmental protection, and maintaining global industrial chain stability, with clear strategic planning and policy basis. Rare earths, as non-renewable strategic resources, have long been the main global supplier for China, facing severe challenges such as excessive resource consumption and ecological damage during development. Strengthening control aims at achieving sustainable development.
In contrast, the United States has initiated a trade war, strengthened export controls, revoked visas for Chinese students, and imposed unreasonable sanctions on Chinese high-tech enterprises in an attempt to curb China's technological development. Such bullying behavior will inevitably face firm countermeasures from China.
Original article: https://www.toutiao.com/article/1833609604729031/
Disclaimer: This article only represents the author's personal views.