“There are no winners in tariff or trade wars. China does not want a trade war, but it is not afraid of one either,” Chinese foreign ministry spokesperson Lin Jian said Friday. “If the U.S. truly wants to resolve issues through dialogue and negotiation, it should stop applying maximum pressure and acting recklessly. Such tactics never work on China.”
lørdag 12. april 2025
China’s Xi hikes US tariffs, seeks to bolster relations with Southeast Asian nations
China’s president is heading on a three-nation tour of Southeast Asia after his government hiked tariffs on U.S. goods to 125%, the latest strike in an intensifying trade war that has sunk stock markets and threatens to stunt the global economy. The increase to 125% from 84%, effective Saturday, matches the recent series of duties levied U.S. President Donald Trump levied on China. The White House has said U.S. tariffs on Chinese goods now total 145% when earlier levies that aimed to discourage fentanyl shipments are included.
“There are no winners in tariff or trade wars. China does not want a trade war, but it is not afraid of one either,” Chinese foreign ministry spokesperson Lin Jian said Friday. “If the U.S. truly wants to resolve issues through dialogue and negotiation, it should stop applying maximum pressure and acting recklessly. Such tactics never work on China.”
“There are no winners in tariff or trade wars. China does not want a trade war, but it is not afraid of one either,” Chinese foreign ministry spokesperson Lin Jian said Friday. “If the U.S. truly wants to resolve issues through dialogue and negotiation, it should stop applying maximum pressure and acting recklessly. Such tactics never work on China.”
