Part 10/13:
Simultaneously, the US imposed tariffs on Chinese goods and listed restrictions on Chinese tech firms like Qualcomm, escalating restrictions in critical sectors. China responded with investigations and export bans, signaling a strategic move to tighten control over vital resources.
Diplomatic Tensions and Escalating Rhetoric
The trade conflict extended into diplomatic realms. The US accused China of weaponizing rare earths and other resources, calling for a coordinated, multilateral response from allies like the EU, Japan, and Australia. European officials voiced alarm over China's use of resource restrictions as geopolitical leverage, urging collective action to safeguard industries.