China issues a four-word warning amid escalating trade tensions with the U.S., as tariffs increase on both sides. Chinese official Wang Yi asserts that duplicity undermines bilateral relations and emphasizes the risks of prioritizing national interests over international cooperation. China affirms its readiness for conflict in response to U.S. trade policies, asserting confidence in its economic resilience.
China has issued a stern four-word warning regarding retaliation against the United States amidst escalating trade tensions marked by a series of tariffs. Wang Yi, a prominent Chinese official, stated that no nation should believe it can hamper China’s progress while maintaining amicable relations. He emphasized that duplicity would undermine the bilateral relationship and erode mutual trust between the two nations.
This week, the United States implemented tariffs against China, along with Canada and Mexico, under accusations related to fentanyl smuggling which these countries have deemed unjust. The U.S. raised tariffs on all Chinese imports to 20%, while China responded with a 15% tariff on U.S. imports, including agricultural products such as chicken, pork, and soybeans.
Wang also criticized the previous U.S. administration for prioritizing American interests over international cooperation. He warned that if every nation adopted a similar approach, the framework of international law and order would be jeopardized, particularly affecting smaller countries.
In a decisive tone, China proclaimed readiness to engage in “any type” of conflict if the U.S. continued its aggressive trade policies. Following the latest U.S. tariffs, China immediately enforced new tariffs of 10-15% on American farm products, demonstrating its commitment to defending its economic interests.
Chinese leadership is working to convey confidence in the country’s economic stability, even amid the uncertainties brought by the looming trade war, signaling resilience in the face of potential adversities. This situational overview exemplifies the precarious nature of international trade relations between the two economic giants.
The trade conflict between the United States and China escalates with increasing tariffs and retaliatory measures. China’s firm stance suggests readiness for confrontation, challenging the U.S. to reconsider its approach towards bilateral relations. The situation illustrates the complexities of global trade dynamics and highlights the potential risks associated with a breakdown in cooperative international relations.
Original Source: m.economictimes.com
