Trump says China is the “largest aggressor” on customs tariffs

Photo of author

By [email protected]


president Donald Trump China is called “the largest aggressor” when it comes to tariffs, adding in a social publication on Monday that Beijing ignores his “non -revenge” warnings.

Trump presented the permit yet Chinese Ministry of Foreign Affairs The United States was accused of “economic bullying” to impose a 34 % new tariff on the country last week. Bejing also announced a 34 % tariff for the United States

“Oil prices decreased, and interest rates decreased (the slow -moving Federal Reserve must reduce the prices!), And food prices decreased, and there is no inflation, and Trump arrived on Monday morning,” Trump said on Monday morning.

He added: “This is despite the fact that the largest of all of them, China, whose markets have been disrupted, raised its tariff by 34 %, in addition to its long -term tariffs (plus!), And not recognizing my warning against the countries’ abuse of revenge.” “They have made enough, for decades, benefit from the good” USA “! Our previous leaders are responsible for allowing this, and a lot, to happen to our country. Make America great again! ”

China is running out of 34 % of customs duties on US imports

Trump and Shi Jinping

President Donald Trump, left, and Chinese President Xi Jinping. (Getty Images / Getty Images)

During the weekend, the Chinese Foreign Ministry criticized the latest customs tariff for the Trump administration.

“By taking such a measure, the United States defies the basic laws of the economy and market principles, and ignore the balanced results achieved through multiple -party Commercial negotiations, It ignores the fact that the United States has long benefited greatly from international trade, and reviews the customs tariff for the maximum pressure for selfish interests. ”

“This is a typical work of mono, protective and economic bullying. Under the guise of” similar treatment “and” fairness “, the United States plays a zero game to follow” America first “and” American exceptional “.” It is trying to exploit the definitions to sabotage the current economic and commercial system, and to place the interests of the United States over the public interest of the international community, and to enhance the American dominant ambitions at the expense of the legitimate interests of all countries.

“This measure will face a large -scale opposition from the international community.”

China has suspended Tiktok deal with us on customs tariffs: Report

Trump entering the definitions

President Donald Trump holds a plan for “mutual definitions” while speaking during a commercial advertising event “Make the wealthy America again” at the White House on April 2 in Washington, DC. (Chip Somodevilla / Getty Images / Getty Images)

China It was announced last week that it would impose a 34 % tariff on the United States, which is scheduled to enter into force on Thursday, April 10.

Trump wrote in response to the truth on the truth: “China has played wrongly, I was panic – the only thing they could not do,” Trump wrote in response to the truth.

Then the Foreign Ministry said, “China is an ancient civilization, a land of suitability and righteousness,” and “the Chinese people appreciate honesty and good faith.

“We do not cause trouble, nor are we afraid of that. Pressure and threat are not the right way to deal with China,” he added.

He added a comment published on Monday in the People’s Daily newspaper, the official newspaper of the Chinese Communist Party, that “the sky will not fall” and “confronting the random punches of American taxes, and we know what we are doing and we have tools at our disposal,” according to what I mentioned. Associated Press.

The eleventh China Jinping and President Donald Trump shakes hands

Chinese President Xi Jinping is running President Donald Trump before a bilateral meeting on the sidelines of the G20 summit in Osaka, Japan, in June 2019. (Brendan Smialowski/AFP/Getty Images/Getty Images)

Click here to read more on Fox Business

A TENEO analyst also pointed out that “abandoning restraint” in China’s response to the latest definitions probably reflects “the decreasing hopes in a trade agreement with the United States, at least in the short term,” CNBC I also mentioned.



https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2020/10/0/0/Trump-President-Xi.jpg?ve=1&tl=1

Source link

Leave a Comment