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China undertakes to “fight to the end” with the continuation of the fee war with Trump Economy news

manhattantribune.com by manhattantribune.com
8 April 2025
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China undertakes to “fight to the end” with the continuation of the fee war with Trump Economy news
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4/4/2025–|Last update: 8/4/202502:59 PM (Mecca time)

The Chinese Foreign Ministry expressed its rejection of what it described as pressure, practices, blackmail and threats to it. She said that Washington’s measures are not prepared for serious talks, and described the last customs duties as a commercial war. She emphasized that China will take action on it and that it would fight to the end.

In a statement by the Chinese Ministry of Commerce earlier, he indicated that Beijing would not be acquired by the threats of US President Donald Trump on customs duties and will take counter measures.

Yesterday, a Chinese Foreign Ministry spokesman said that threats and pressure are not the proper way to deal with his country after he described the customs duties imposed by the US President as a bully.

The spokesman Lyn Jian added in a periodic press conference that customs duties are “a model for unilateral action and economic protection and bullying policies”, and pointed out that the American customs duties imposed in the name of reciprocity only serve the interest of Washington at the expense of the interests of other countries.

On Monday, Trump stressed that he does not intend to suspend the reciprocal customs duties that he announced last week despite international objections, and gave China until the end of Tuesday to cancel its counter -procedures before imposing additional fees on them by 50%, which will raise the customs duties imposed on China this year to the level of 104%.

In a related context, the European Union suggested imposing anti -customs duties in response to Trump’s fees, which included dozens of countries and caused a decrease in financial markets and strengthened expectations of sliding the global economy towards stagnation.

Trump said that customs duties – which are 10% as a minimum on all imports to the United States with rates targeting specific economies of up to 50% – would help the United States restore its industrial base, which he says has declined due to the liberalization of trade for decades.

Europe coordinates with China

European Commission President Ursula von der Layen called during a call with Chinese Prime Minister Lee Qiang to avoid “escalation” regarding US customs duties and Beijing responded to it.

Al -Ittihad said in a statement issued today, Tuesday, that during the call, von der called “a solution to the current situation through negotiation, and stressed the need to avoid a new escalation” in the trade war launched by the American President.

Von der Lain stressed, “The responsibility of Europe and China in supporting a free and fair trade system and is based on equal competitive conditions” in the face of “global turmoil” resulting from American advertisements, according to a statement issued by the European Union.

The European Union also expressed concern about the flow of Chinese goods to its lands in an attempt to circumvent the customs duties imposed by Trump.

In this regard, von der Line stressed the “primary role” of China in preventing this “potential transformation” in particular in the sectors affected by the global production surplus.

The statement stated that von der Line, a guardian, “discussed the creation of a mechanism to monitor” a possible flow of commodities.

European counter measures

Meanwhile, the European Commission suggested imposing 25% anti -customs duties on a group of American goods such as soybeans, nuts and sausages, but it excludes other goods such as whiskey from the list, according to a document seen by Reuters.

Officials said they were ready to negotiate a “zero -zero” agreement with the Trump administration. “Urgent or later, we will sit at the negotiating table with the United States and reach an acceptable settlement for the two parties,” European Union Trade Commissioner Maroush Shaftsovic said at a press conference.

The European Union, consisting of 27 countries, suffers from customs duties imposed on cars and minerals. He faces customs duties of 20 percent on other products that take place tomorrow, Wednesday. Trump also threatened to impose customs duties on alcoholic drinks from the European Union.

Tags: ChinacontinuationeconomyfeefightNewsTrumpundertakeswar
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