China vows to 'fight to the end' in trade conflict with US

China has firmly declared its stance in the escalating trade conflict with the United States, asserting it will 'fight to the end' following accusations of its attempts to undermine the global economy. Tensions have heightened as both nations impose significant tariffs, with the US averaging 58% on Chinese imports and China applying 33% on US goods.

China’s recent export controls on rare earth elements are viewed as a strategic move to solidify its influence over global supply chains, prompting the US to announce additional tariffs. In retaliation, both countries have enacted reciprocal port fees, which analysts predict will impose substantial costs on Chinese shipping firms.

This trade war has not only impacted the US-China relations but also raised alarms within the European Union, as its defense industry grapples with overreliance on Chinese materials. The EU has called for a robust response to these restrictions, highlighting the urgent need for Europe to diversify its supply chains and reduce dependence on China.