Well, what can China do if EU follows thru with the same tariff on China as US? Doing nothing? That will invite more sanction and tariff on China.
What I would like to know, and I do not know how to find out, is that whether General Dynamics or Raytheon are able to obtain rare earths from China anymore. The Chinese government did sanctioned them.
It is what Sun Tzu said, when strong feign weakness, when weak feign strength.
I pretty certain who is who in this case of EV tech and 5G tech.