China strikes back at US in trade war
news.online.ua
Fri, 11 Apr 2025 13:04:15 +0300
China responded to Trumps new decisioOfficial Beijing reacted swiftly to the US presidents increase in tariffs on Chinese goods to 125.The Chinese Ministry of Finance also added that China intends to ignore further tariffs from Washington.
Given that there is no longer any possibility of the market accepting American goods exported to China at current tariff levels, if the American side continues to impose tariffs on Chinese goods exported to the United States, the Chinese side will not pay any attention to it, the department said.
Against this backdrop, Chinese President Xi Jinping called on the European Union to join forces with China in combating unilateral bullying.He also drew attention to the fact that the high tariffs imposed by the American leader are harming the global economy.
In particular, during a meeting with Spanish Prime Minister Pedro Sanchez in Beijing, Xi Jinping said that there would be no winners in a tariff war, and going against the world would mean isolating oneself.
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