Pressing task for China, US is to earnestly implement consensus reached at Busan meeting between two heads of state: FM on Bessent's reported new tariff threats
Global Times
By Global Times Published: Nov 03, 2025 04:16 PM
Asked to comment on US Treasury Secretary Scott Bessent's claims on Sunday that the US is prepared to raise tariffs on China if China continues blocking rare earth exports, Chinese Foreign Ministry Spokesperson Mao Ning said on Monday that China's competent authorities have repeatedly made clear their position on the country's export control policy regarding rare earths.
"The outcomes of the recent economic and trade consultations between Chinese and US teams in Kuala Lumpur fully demonstrate that dialogue and cooperation are the right ways to address issues, while threats and pressure will not help resolve them," Mao said.
Mao stressed that the pressing task for both sides is to earnestly implement the important consensus reached by the two heads of state during their meeting in Busan, and to inject greater stability into China-US economic and trade cooperation as well as the world economy.
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