China has vowed to “fight till the end” in its trade war with the United States after President Donald Trump announced a new 100% tariff on Chinese imports. The statement, released by China’s Ministry of Commerce on October 14, came in response to Trump’s recent social media post threatening broader export controls on critical software starting November 1. The tensions were further inflamed after China limited exports of rare earth minerals. The trade escalation has shaken global markets and cast uncertainty over a possible meeting between Chinese President Xi Jinping and South Korean officials. Beijing reiterated that it remains open to dialogue but warned Washington against combining talks with threats. Despite the disputes, China’s exports grew by 8.3% in September, with shipments to the U.S. rising to $34.3 billion. The tariff conflict continues to dominate discussions at the IMF and World Bank meetings.