China has responded to new obligations announced by US President Donald Trump. As reported, “The opposition to this issue has been expressed by the local Ministry of Trade.
Therefore, authorities in Beijing called for the “immediate” withdrawal of the decision, warning against imposing retaliation.
The department emphasized that the new obligations do not resolve US problems, but only harm their interests, global economic development, or supply chain stability.
Donald Trump has placed a new obligation. Beijing appeals to Washington
Beijing called “the solution to conflict through equal dialogue with trading partners” Washington. According to the Ministry of Trade, “There are no winners in the trade war, and protectionism has no future.”
See: Trump announced his mutual obligation. “Declaration of Economic Independence”
Along with other tariffs implemented by Donald Trump, the total job in China on April 5 will increase to 54%. During the election campaign, Trump announced that it would be 60%.
“The mutual customary tariffs of SO-COMLED based on a subjective and unilateral evaluation on the part of the United States are inconsistent with the principles of international trade and seriously undermine the legitimate rights and interests of stakeholders, and are a typical practice of unilateral intimidation,” the Ministry of Trade evaluated.
Beijing officials did not specify what steps to take in Washington’s decision on Wednesday.
The US warns against retaliation. “This is how escalation occurs.”
The US Finance Minister mentioned retaliation in the countries where the US had placed its duties. He warned that such activities could lead to a complete trade war. Furthermore, he argued that, contrary to expert claims, the calculated rates were highly justified in the data.
See: The European Union responds to Donald Trump’s movement. “We’ll finish the answer.”
– One of the messages I want to convey tonight is that everyone is sitting comfortably, taking deep breaths and not answering immediately. We will then see what comes, and if you answer, this is how the escalation occurs, and that will be a complete trade war – Bescent said in an interview with CNN.
He also suggested that in the event of retaliation, the obligations imposed could be increased further. However, he was unable to give a specific answer as to whether Trump could agree to lower his duties by negotiating with the national leadership. He said further measures will depend on what the US president asks from the corporate leader about his plans to move production to the United States.
The Treasury Director also acknowledged that the U.S. product prices could rise as a result of his duties, but this suggested it was less noticeable.
US Customs Fees. Minister responds to criticism
Minister Becent also responded to criticism of customs rates calculated by the White House in individual countries. They were to deal with half of the total tariffs and other trade barriers other countries used towards the US, according to Trump.
At the same time, he argued that these figures were primarily based on US representative trade (UPR) data. He added that if they are challenged in court, the administration can protect them.
See: The rebellion of the Republican class after Trump’s decision. The resolution has been adopted
In a previous interview with Fox News Bessent, he also answered the question of why Russia and Belarus were not on the list of countries in which they survived.
The minister said the United States would not “contract” with these countries as it would be subject to sanctions. In fact, imports of Russian goods into the United States have been fundamentally reduced due to Russian raw materials sanctions and embargoes, but in 2024 the imports were worth $3 billion.
Meanwhile, the list included other sanctions in states such as Iran, as well as overseas territories in France, Australia and New Zealand.
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