lørdag 3. august 2019

China Shoots Back in Trump’s Trade War Escalation

The U.S. trade war with China is ramping up again. In a series of tweets throughout the week, U.S. President Donald Trump accused the country failing to live up to promises to buy more American agricultural products, chided it for not stopping the flow of fentanyl to the United States, and poked fun at its slowing economy. Then, on Thursday, the president threatened to levy a new 10 percent tariff on $300 billion in Chinese goods starting in September. In the middle of it all, China shot back.

 In a press conference on Wednesday, China’s Foreign Ministry spokesperson, Hua Chunying, blamed the United States for the protests in Hong Kong, criticized it for flip-flopping in trade negotiations, and noted that “the Chinese economy grew by 6.2 percent in the second quarter this year, while for the U.S. the number is 2.1 percent.”