China warns U.S. to stop 'wrong' trade actions or face consequences
China said on Saturday it strongly opposes Washington's decision to levy ad...3 Min Read FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. REUTERS/Stringer BEIJING (Reuters) - China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences if it does not end its “wrong actions”. The comments made by China’s Ministry of Commerce came after the U.S. President Donald Trump announced on Friday that Washington will impose an additional 5% duty the Chinese goods, hours after Beijing announced its latest retaliatory tariffs on about $75 billion worth of U.S. goods, in the latest tit-for-tat moves in their bilateral trade dispute. “Such unilateral and bullying trade protectionism and maximum pressure violates the consensus reached by head of China and United States, violates the principle of mutual respect and mutual benefit, and seriously damages the multilateral trade system and the normal international trade order,” China’s commerce ministry said in a statement on Saturday. “China strongly urges the United States not to misjudge the situation or underestimate determination of the Chinese people,” it added. Trump’s latest tariff move, announced on Twitter, said the United States would raise its existing tariffs on $250 billion worth of Chinese imports to 30% from the current 25% beginning on Oct. 1, the 70th anniversary of the founding of the communist People’s Republic of China. At the same time, Trump announced an increase in planned tariffs on the remaining $300 billion worth of Chinese goods to 15% from 10%. The United States will begin imposing those tariffs on some products starting Sept. 1, but tariffs on about half of those goods have been delayed until Dec. 15. Trump was responding to Beijing’s decision on Friday night that it was planning to impose retaliatory tariff on $75 billion worth of U.S. imports ranging from soybean to ethanol. China will also reinstitute tariffs of 25% on cars and 5% on auto parts suspended last December. The White House economic adviser said earlier in the week the Trump administration was planning in-person talks between U.S. and Chinese officials in September. It is unclear if the bilateral meeting would still take place. The year-long trade war between the world’s two largest economies has roiled financial markets and shaken the global economy. Reporting by Winni Zhou and Se Young Lee; editing by Jason Neely and Ros Russell Our Standards: Read more: Reuters Top News
USA is a country brought about wars to the planet. And ruined trillions of people’s family. North Korea, Vitnam, Iraq, syria and many many, now, they want to destroy the China, they said that we stole their money and jobs, what a guilty of such a country. Remember: There's US before you. So stop! Just stop your authoritarian rule!
Sure Time to deal hard with our rogue Chinese trading partners. To be honest USA 🇺🇸 owes China 🇨🇳 $1.11 trillion . WTF is China going to do They'll fold way before us. If we were to ever nationalize, China would be shutting their doors tomorrow. Screw China! I'm glad we finally have a man in charge with balls of steel big enough to put these other countries in their place. TRUMP2020👍👍
Great, Print out all those cheese recipes, the next recession is looming. Millennial's don't know what a Government funded cheese line looks like. Time for a recap, only happens when Republicans are in office. All of us. Stop buying Chinese products. Russian also warned the Americans about another war, but with Russia everything is very clear and accessible for American understanding
The US is making life harder for everyone; this is not a pebble thrown into a pond, but brick thrown into a bath; the ripples are everywhere. Bullies never stand their ground when pushed severely. Russia has already sold theirs; China should dump bonds. Communist china becomes to crazy. China will die in the trade war. I like it. MAGA
China warns U.S. to stop wrong trade actions or face consequencesChina said on Saturday it strongly opposes Washington's decision to levy ad... I think the US government should hire some consultants who are proficient in Chinese, because now the US government does not seem to understand what the Chinese Foreign Ministry spokesperson said. Hongkongers wising up. China WILL roll over you sooner of later. Demand a US Second Amendment before it's too late.
Even if China calls in their debt the USA won’t pay - no more China! the tiff is now a full - blown war Like they are “innocent”! They have stolen from us for decades!! It has to stop! I haven’t bought Made in China in more than a decade except this damn phone! Japan ok, South Korea, fine! China, no way Jose’!! realDonaldTrump WomenforTrump
If china draft a ridiculous tariffs then so will we xijingping will soon realize that realDonaldTrump (also known as THE DONALD) is an economicidal maniac. There's no negotiating with someone who is trying to commit ECONOMICIDE. China shouldn’t underestimate trump supporters! been playing fallout 4 recently, can't wait to be turned into a fucking ghoul in real life soon.
Yeah, yeah but trade wars are easy. If US make one more step forward, CCP will let its people suffer to make the world regret. What consequences? Are they going to actually try and collect the trillions we owe them?
Navarro says China talks to continue, trade war won't slow U.S. economyWhite House trade adviser Peter Navarro said on Friday he does not believe the t... 🙄 Behold America's own Baghdad Bob.
Tell China to stop raping America Warns! Give me a break! Communist china becomes to crazy. Pluff China! These trade warnings & counter action thereto by vice versa counterparts may one day Seattle down the global bylaws in a most streamlined manner notwithstanding any favour or unfair tarrif rates to have imposed by any Nation on its own as a discretionary mode of action instead.
Surely they mean 'wong' trade actions?.... I wonder why China doesn’t arrest any Americans in China like they didn’t with Kovrig and Spavor. The Americans are doing far more damage to China’s economy then Canada is doing to China. May hurt short-term but this is long over due China should stop making threats or face consequences. Trump should now stop all trade with China 100%. If the rest of the world wants to be treated fairly they should join in and stop buying Chinese products. They want to attack then bring it on.
WendyLouWho11 China is getting tired of Trump's stupidity.
Trump hits China with new tariffs in trade war escalationPresident Trump lobbed Twitter attacks at China, U.S. companies and his handpicked Federal Reserve chief today as he further escalated his tariff war with the world’s No. 2 economy Our Enfant Terrible is at it again. He’s flailing about without a plan or a reason to do so. This isn’t funny. It’s like a whirlpool drawing us all—America and the world—into an economic vortex with no clear path to a positive outcome. He did this after the market did a free fell today cause he was POed! His penis contest w/ China is ruining our economy-US!!
Hope Trump doesn’t get us into a war. Those sound like fighting words, they seem agitated, hope they don’t pull a kamikaze. ✈️ 💥 RogueTradingNation This ridiculous trade war is going to cause a shooting war, isn’t it? The whole world should boycott China until it stops stealing and puts a brake on its hegemonic policies. Only Trump had the cohones to face them while all others are sheepishly genuflecting for immediate and ephemeral gratification
In the long-run, a blessing in disquise. China's negativre response to Trump's attempts to negotiate equitable trade deals -- may well end up making Trump a hero for bringing some of our major industries & factories back to USA. Will china attack US? China is now threatening many countries in the world including the US, asserting they are the center of the world.
Hope their leaders won’t look for a country to invade China’s long term strategy is to own the USA. They are well on their way to success. Only President Trump and his supporters stand in their way. Whose side are you on? çin den uyarılar gelmeye başladı..bugün yarın devam edecektir.. 2020 seçimleri öncesi aklını başına al diyorlar kibarca..
Escalation in U.S.-China trade war threatens global economy, poses Trump reelection riskAmerican cars, soybeans and oil largely produced in key swing states have been targeted for additional import tariffs by China, marking the latest volley in a widening trade war with the United States that has damaged the global economy. Sure, let's be more like China/Russia, the liberal socialist are the answer 😂 You are wrong! Please stop, getting old.
hahaha. write the true story . China needs 20 million new jobs to keep stable , they lost 3 million this year and getting worse. thats the real headline!!! FreeTibet Kundun FreeHongKong FreeTaiwan FreeWikipedia Bring it on Chinese Communist Party because your nation stands to lose far more than the USA. The U.S. can readjust without your cheap products but your nation can't easily readjust to loss of revenue from one of your largest markets i.e. U.S. consumers. thebuckstopshere
Well a fail of either economy means the fail of the other. They’re both stupid. This is a power grab between the two strongest economies in the world. Whatever happens here leads to a global problem. But the Chinese have manipulated the WTO for a long time so it’s about time. We are ready to face the consequences !!🇺🇸🇺🇸💪
China has been ripping us off for decades. It’s about time a POTUS stand up to them. Only treacherous liberals and greedy conservatives have a problem with it. China got chiggered. That means US is on the right track. Chinazi Xitler Like what? Sell even cheaper goods? Tell China to stop the bullshit that got us here. We have been taking them to trade court for the better part of a decade if not more.
Not a game China can win. Simple math
China unveils retaliatory tariffs on U.S. goods in deepening trade rowChina unveiled on Friday retaliatory tariffs against about $75 billion worth of ... Good luck on that.
I knew they'll fire back at Trump statements Trump a raison. La Chine exploite le travail forcé et détruit l'environnement. China USA G7 Trump This trade war is causing economic chaos. And let's remember, Trump started it and claimed it would be easy to 'win' (whatever that means).
California rare earths miner races to refine amid U.S.-China trade rowThe owner of the only U.S. rare earths mine is going on a hiring spree as it loo... 🔻🔹🔻 📰 | 400 Shiites and Afghan Security Personnel Killed and Injured in a Double Attack by Isl:amic State Fighters in Kabul ;; ihe:rebyor:der - Dav:id Ko:ch ;;!!! If only we could purchase Greenland and mine all it’s rare earths...🧐. Wait a sec, someone just tried that. It’s almost as if they are forcing climate change to melt the ice off if it for them. 🧐