China says “the call door is open” after Trump stops imposing higher tariffs on other countries
A spokesman for China’s Ministry of Commerce said Thursday that Beijing hopes the United States can work hard to reduce the trade war between the world’s two largest economies after the president. Trump announces pause of higher tariffs He imposed many other countries.
“China’s position is clear and consistent: the door to conversation is open, but dialogue must be conducted on an equal basis with mutual respect,” the spokeswoman for the Ministry of Commerce said.China It will remain in place until the end. Pressure, threats and blackmail are not the right way to deal with China. We hope that the United States will cooperate with China. Based on the principles of mutual respect, peaceful coexistence and win-win cooperation, we will properly address the differences through dialogue and consultation. ”
Mr. Trump announced that the suspension of imposing higher tariffs on nearly all countries late Wednesday caused a 10% universal tariff, but said he was raising Chinese tariffs from 104% to 125%. The increase in the tax was effective Thursday, while Beijing’s 84% retaliatory tariffs took effect on Chinese imports.
He said: “I have reiterated China’s position many times, and it is obvious. We will not cause trouble and are not afraid of trouble. The legitimate right to development of the Chinese people and the people of the world cannot be taken away.
The Chinese Foreign Ministry has taken a tougher stance and vowed to continue fighting.
“The US’s reckless and unjust actions are contrary to the will of the people and are doomed to fail,” said Lin Jian, a spokesman for the Chinese Foreign Ministry. “I would like to reiterate that there is no winner in a tariff war or a trade war. China does not want a trade war, but we are not afraid of a war. We will never accompany the Chinese people’s legitimate rights and interests to be destroyed, nor will we allow international trade rules and multilateral trading systems to be deceived.
Trump said Wednesday that he believes he can reach a resolution with China.
“China wants to reach an agreement,” the president said at the White House. “They just don’t know what to do.”
In other parts of the world, Market rally In response to Mr. Trump’s tariff rollback after he suffered huge losses, leaders and economists continued to express concern about economic uncertainty.
“Clearly, predictable conditions are crucial to the functioning of trade and supply chains,” European Commission President Ursula von der Leyen said on social media.
According to Reuters News Agency, “The risks are still very high.”
