In a dramatic announcement on Saturday, the Chinese government strongly condemned the recent U.S. tariff measures, labeling them as unilateral, protectionist, and an act of economic bullying. The official statement argued that these "reciprocal tariffs" are not about fairness but are instead tactics to disrupt the established international trade order.
U.S. President Donald Trump recently introduced a new set of tariffs, imposing a 10% baseline on imports from all trading partners, with even steeper rates on certain products. These measures, set to take effect on April 5 and 9, have been defended by U.S. authorities as steps to pursue "reciprocity" and ensure fair trade.
In response, the Chinese government announced that it will impose an additional 34% tariff on all products imported from the U.S. starting on April 10. This move is designed to match the U.S. action and underscores Beijing's commitment to safeguarding its sovereignty, security, and development interests.
The statement further warned that by disguising protectionism under the banner of fairness and reciprocal trade, the U.S. is engaging in a zero-sum game that prioritizes its own interests over those of the global community. Officials asserted that such actions are likely to face widespread opposition from the international community, as nations around the world demand a balanced and equitable economic order.
This latest development highlights the intensifying global trade tensions and serves as a reminder of the far-reaching impact of economic policies in today’s interconnected world.
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Chinese government slams U.S. tariff abuses, vows to protect interests
cgtn.com
