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US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, DC, US, April 2, 2025. — Reuters
#China #holds #firm #Trumps #trade #offensive #escalates
Opening shots look like a distant memory. In January, US President Donald Trump had threatened to impose a 10 percent tax on Chinese imports. After less than three months, the rate is now [125 per cent]A analysis published by The Guardian on Wednesday said.
The report added that “China is unlikely to blink the first when Trump’s trade war is entering a new area”, the report added that China has condemned the prices. In addition to applying 84 % of their mutual rates to US imports, Beijing is fighting the words.
“When challenged, we will never back down,” said Lin Jian, a Chinese Foreign Ministry spokesman. The Ministry of Commerce said: “If the US party is on the wrong path, China will fight until the end.” Beijing has promised more response.
The report added that tight -for -tate measures could raise concerns of race below, when prices rise and global recession concerns increase. But although China’s economy has faced its challenges in recent years, especially when prices are talked about, Beijing’s first eye is unlikely to blink.
“For President XI, Trump’s latest threat is just a politically viable response: move it forward! Already, after a surprising 34 percent of the mutual rates, a offer to back it is a politically unbearable, unbearable, a predecessor.
One of the most helpful factors in favor of Beijing is the fact that the United States relies more on Chinese imports that China is in the United States.
Important goods from China are the key goods from China, such as smartphones, computers and toys. Last week, Rosen Bluetts securities analysts predicted that the cheapest iPhone available in the United States could increase from $ 799 to $ 1,142 – and this was the time when Trump’s China’s revenue was only 54 %. “Trump cannot accuse China for these economic hardships,” says Chevileva.
On the contrary, the goods that import from the United States from the United States are industrial and manufacturing supply, such as soy beans, foam fuel and jet engines. It is very easy to raise prices in these commodities. It is very easy to absorb a user’s wallet – or in China, to pay for their smartphone – to pay.
In addition, this is not China’s first road. Since the First Trade War with China in 2018, China has increased trade with other countries, which relies less on the United States. Between 2018 and 2020, Brazil’s soybean exports have increased by more than 45 %, compared to the average of 2015-2017, while US exports decreased by 38 % during the same period. China is still the largest market for US agricultural goods, but the market is shrinking, which is hurting US farmers. In 2024, the United States exported $ 29.25 billion of agricultural products to China, which was less than $ 42.8 billion in 2022.
There are other steps of China’s sleeve. On Tuesday, two influential nationalist bloggers posted lists of Chinese potential retaliation on sources. The Chinese Foreign Ministry refused to comment on the articles but did not deny their content. These proposals include suspending support for fantasy control, investigating the benefits of intellectual property of US companies in China, and banning Hollywood films from China. At the last point, a top down
The ban may not be necessary. China has in the past allowed online nationalists to eliminate lower -level boycott campaigns. In 2017, Chinese consumers participated in the massive reduction of South Korea’s supermarket China Loti, in response to the party’s involvement in the deal, which allowed the US missile defense system to be installed in South Korea, which China saw as a security threat. The mainland was forced to close half of the company’s more than 100 stores in China.
China’s strategic benefits do not make it completely safe from the trade war. Stock markets are falling in China and Hong Kong. According to the Guardian, Beijing has not yet considered any way to increase domestic demand, which economists say that the economy is really necessary to tariff.
The political impact of Trump’s prices, with the fear that the United States is trying to change other countries against China, is forcing the US to reduce China’s relations at all times. Chinese analyst Bill Bishop wrote in a newsletter, “I have never been disappointed with the pace of US -China relations.” Trade relationships are lunch between the two countries, and as it breaks, we should probably expect more tensions from other areas.
