The anti -China definitions are identified by the specter of intense commercial war with us

BEIJING-The risks of severe trade war in the United States and China rapidly risk, according to analysts, after Beijing responded more strongly than many expressed the latest tariff for US President Donald Trump.

In a shift in a tone, China also dropped its call for negotiations on trade in the weekend statement that condemned the American drawings, which sparked the possibilities of a long period of escalation of customs tariffs.

“China has taken and will continue to take firm measures to protect its sovereignty, security and development,” said the Chinese Foreign Ministry at the Chinese Ministry of Foreign Affairs at the Chinese Foreign Ministry at the Chinese Foreign Ministry. A statement on Saturday.

Beijing on Friday took revenge with 34 % fees on all American goods Matching the latest duties by the Trump administration. They came on top 10-15 % China’s tariff I was imposed in March and FebruaryIt focused on agricultural products and energy imported from the United States

“Raise the tariff on all American imports with the same amount showed by the last Trump tariff China to go to any place where the United States wants,” said Andy Shi, an independent economist based in Shanghai.

As part of extensive reprisal measures, Beijing has also placed export restrictions on Rare Earth elementsExports from The double use elements of dozens of American entitiesMostly in the defense and space industries, 11 other American companies have placed them “Unable to reliable entities,” Exposing them to wider restrictions while working in China.

A team of analysts in the Eurasia Group said in a note: “The aggressive signals indicate to Ping that revenge in the future will be more powerful, which raises an escalating vortex and increases the chances of unwilling disengagement in 2025.”

Eurasia Group analysts said China’s response is likely to push other rounds of customs tariffs from the United States in an attempt to discourage similar moves from other commercial partners.

Beijing’s rapid response came against the backdrop of Trump’s announcement of an additional 34 % tariff for China, raising the weighted tariff for the United States in China to 65 %, according to Robin Xing, Chinese chief economist in Morgan Stanley.

This can disturb the second largest economy in the world by 1.5 to 2 percentage points this year, as Xing estimates, indicating the growth of slower exports and firm local contraction.

Until last Friday, Beijing’s actions were considered restricted and relatively measured. Trump also made warm comments, praise of Chinese President Xi Jinping and It expresses interests in arranging a bilateral meeting.

“The abandonment of restraint” in the latest revenge measures in Beijing probably reflects the “Chinese leadership’s hopes in a trade agreement with the United States, at least in the short term.”

Trump mocked China’s response as a panic. in Publishing on the social media platform factsHe said, “I played China wrongly, it was panic – the only thing they could not do!” The president said he would look Reducing customs tariffs on China If Beijing agrees to sell the TIKTOK short video application to American investors.

However, Beijing may not be on board. “The national dignity is the main Beijing of Tijook, but the exchange of Tijook to alleviate the newly imposed definitions will carry an unambiguous whiff of Chinese leaders who produce bullying,” said Weldo.

However, Eurasia’s group analysts suggested that Beijing still wants to get a deal and is ready to negotiate. They added: “Strong, asymmetric, asymmetric, and definition revenge is a prerequisite for Beijing to come to the negotiating table.”

Without excluding negotiations with the United States, Published by the state daily In an opinion article, Beijing said that “it was fully prepared in all aspects to deal with potential shocks” with a wide policy room to defend the IT economy.

Daily people, which are often used to connect official policy perspectives, have set Pikin’s plans to face economic repercussions by strengthening local consumption “unusual”, and reducing the main policy prices whenever the need arises and reduced the duration of more money.

The possibility of a decrease in an agreement between Beijing and Washington has exacerbated the defeat of the global market in the market, as the Hang Singhina Index for Institutions – which tracks the Chinese stocks listed in Hong Kong – a decrease of more than 13 % on Monday, and put it in its path for its worst day since the global financial crisis.

The return on government bonds in China for 10 years decreased 9 basis points to 1.634 %, according to LSEG data, while Yuan abroad has weakened 0.35 % to 7.3212 per dollar.