China’s government has accused the US of exhibiting ‘double standards’ regarding new tariffs threatened by President Trump, following China’s tightening of rare earth export controls. This escalating trade tension is further fueled by the US response, with a commitment to consider tariffs up to 100% on Chinese imports, adding complexity to global economic dynamics. The tariff dispute could lead to volatility in traditional markets, but so far, direct impacts on crypto assets remain unobserved. China’s accusation of double standards comes amidst increased tensions between the US and China following Trump’s threat to impose new tariffs on Chinese imports as a response to China’s rare earth controls.