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China Vows to Resist U.S. Tariff Threats, Labels Demand 'Blackmail'

Escalating tensions as President Trump threatens to impose additional tariffs on China.

By David PiersonSource: nytimes.com1 min read
China Vows to Resist U.S. Tariff Threats, Labels Demand 'Blackmail'
Image via nytimes.com

In brief

China's Ministry of Commerce responds emphatically to U.S. tariffs, asserting it will fight back against perceived economic coercion.

China has sharply rebuked the United States following President Trump's warning of an additional 50 percent tariff on Chinese imports, labeling the demand as “blackmail.” The country's Ministry of Commerce made a statement emphasizing its resolve, asserting that it would take necessary countermeasures to protect its interests. The ministry refrained from directly mentioning Trump, but highlighted Beijing's intent to stand firm against what it described as a misguided escalation of tariffs.In a previous move, China had retaliated by announcing a 34 percent tariff on U.S. goods, indicating a determined response to U.S. trade policies. Should Trump's proposed tariff be enacted, the cumulative U.S. tariff on Chinese goods could reach a staggering 104 percent, marking an unprecedented strain on the trade relationship between the two nations.The vast U.S. market purchased approximately $440 billion worth of Chinese products last year, illustrating the significant economic interdependence these two economies share. Experts warn that such tariffs could lead to increased costs for American consumers, significantly impacting prices on everyday items like clothing, electronics, and machinery.China has urged the U.S. to revoke unilateral tariffs, advocating for dialogue based on mutual respect to resolve trade differences. Despite efforts for high-level negotiations between the two nations, including a potential summit between Trump and Chinese leader Xi Jinping, progress appears stalled amid rising tensions. Berry Wang contributed to this report, while David Pierson continues to cover significant developments in Chinese foreign policy and its global economic interactions.

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