China asks Trump to stop ‘threatening and black mailing’ in the middle of a trade war
A. China This Wednesday, 16, therefore, made the appeal USA “Next” threaten and stop black mailing ” White House He has transferred to Beijing for negotiating to slow down the trade war between the two major global economies.
American President, Donald TrumpThe tariff war on friends and opponents, in which China has taken the worst, has an additional 145% of its products imported by North America.
Asian giant has responded with 125% of tariffs for imports of American products. “China does not want to fight, but is not afraid to fight,” Foreign Ministry spokesman Lynn Jian reiterated on Wednesday.
“If the United States really wants to resolve this matter through conversation and negotiations, they should speak to China based on intense pressure, threatening and blocking black mailing and talking to China based on equality, respect and mutual purpose.”
Since reaching the White House in January, Trump has imposed an additional 145% rates on various Chinese products, adding rates applied to previous governance and reaching 245%.
Initially, the Republican decided to make a 20% rate for the alleged role of Fentanil in the United States in the United States and added another 125% after a short time, theoretically replaced the trade balance imbalance between the two countries.
However, in a clear evidence of distance, the US government is exempted from the latest products such as computers, smartphones and semiconductors, of which China is the main manufacturer.
Caused by American tariffs
According to the annual WTO instructions due to the Trump policy, the global trade of goods will decrease in 2025.
On Wednesday, President of the Federal Reserve (Fed, Central Bank), Jerome Powell, said, “The charges in the United States” will cause at least temporary inflation, and “inflation effects are continuous”.
After the Powell warnings, the New York scholarship was closed with a strong drop.
Technology giant Envidia fell due to a trade war between the United States and China. The Nasdaq indicator that focuses on technical measures is 3.07%. Extended S&P Index fell 2.24% and Dough Jones fell 1.73%.
An example of the impact of tariffs on consumers, the Sheen Online Sales Platform has announced that it will increase their prices from April 25, because of recent changes in global trade rules and taxes “.
“In the field of China”
Trump’s new rituals, directed by some minerals and electronic goods, also influenced other world scholarships on Wednesday.
In Europe, the FTSE 100 indicator of the London scholarship ended 0.3%, the percentage of Frankfurt, and Paris fell almost 0.1%.
In Asia, the Tokyo Stock Exchange nicky rate ended 1%, Hong Seng from Hong Kong increased by 0.3%, Shanghai Composite 0.3%.
On Tuesday, the White House was transferred to China, with the responsibility of taking the first step to reduce tension, according to many economists, leading to a world recession.
“The ball is China. China must enter into an agreement with us. We don’t have to deal with them, ”Trump said in a statement that Trump read his spokesman Carolyn Levit.
Despite the controversy, the Chinese economy increased by 5.4% in the first quarter. As a result, better than expected, the impacts of the tariff war this month still reflect.
At the demonstration of these numbers, Sheng Leon, a high -ranking employee in the National Office of Chinese Statistics (One), recognized “trade and some pressure on the economy, but” to counter the “external challenges”.
In addition to a significant increase in rates, Beijing has adopted other retaliatory measures against American products, such as the suspension of the Beating Boeing flights.
The agriculture sector is also in the radar of communist officials. The United States Exports Federation has confirmed to AFP that Beijing has decided not to restore licenses of many beef exporters since March.
Talks
Trump’s strategy is more short with other countries, for which the last round granted a 90 -day interval to negotiate before the “mutual” tariffs.
For example, on Wednesday, Japan government representative Riosi Akazawa will meet with Treasury Secretary Scott Besant in Washington, hoping to enter into an “winning” agreement. President Trump has announced that he will attend the meeting.
Trump’s tariff policy created with the aim of bringing industrial production back to the United States has influenced some major partners of Washington Japan, South Korea, European Union, Mexico and Canada.
To president from European CommissionIn an interview with Ursula Van Der Leen, German Magazine Dai Jite, the block was “in power in the wake of future negotiations.
In addition to the 10% universal tariff for all countries, Trump has also decided on steel and aluminum, as well as cars and auto parts.
The president also studies the application of similar measures to semiconductors and CE shadial products.
