China Accuses U.S. of Economic Bullying Amid Tariff Disputes
China has accused the U.S. of unilateralism and economic bullying through new tariffs while asking American companies to help resolve the issues. Beijing has implemented countermeasures to retaliate against the tariffs and maintains confidence amid market declines. Chinese officials emphasize the importance of cooperation and dialogue in preventing economic destabilization.
On April 7, 2025, China accused the United States of engaging in unilateralism, protectionism, and economic bullying through its imposition of tariffs. Chinese officials urged American corporations, such as Tesla, to actively participate in resolving these tariff issues. According to Foreign Affairs spokesperson Lin Jian, prioritizing “America First” undermines global production stability and hinders economic recovery worldwide.
Recently, President Trump initiated an additional 34% tariff on Chinese goods in a move titled “Liberation Day,” following earlier tariffs of 10% imposed in February and March related to concerns about Beijing’s involvement in the fentanyl crisis. In response, China quickly retaliated by implementing a similar 34% tariff rate on U.S. goods.
Despite a downturn in markets in Hong Kong and Shanghai, the People’s Daily maintained a confident tone, stating that the situation would not lead to disaster. The publication noted, “the sky won’t fall” and emphasized that China is prepared to manage the effects of U.S. tariffs. It indicated that the nation possesses the necessary tools to protect its economy.
China announced several countermeasures on April 4, which included halting imports of sorghum, poultry, and bonemeal from selected American firms. Additionally, it tightened export controls on essential rare earth minerals, crucial for technological advancements, and initiated a lawsuit at the World Trade Organization to contest the tariffs.
Uncertainty remains regarding a possible meeting between Chinese leader Xi Jinping and President Trump to negotiate tariff terms. Lin Jian emphasized that “pressure and threats are not the way to deal with China” and affirmed China’s commitment to safeguarding its rights and interests. Over the weekend, Chinese delegates met with American business representatives from companies like Tesla and GE Healthcare.
Ling Ji, Vice Minister of Commerce, highlighted the U.S. as the source of the tariff disputes, encouraging American firms to confront the issue at its origin. He assured these businesses that China would continue to welcome foreign investment and reaffirmed the safety of operations in China.
In summary, China’s condemnation of U.S. tariffs reflects its firm stance against perceived economic aggression, emphasizing the importance of international trade rules and cooperation. Despite recent market fluctuations, Chinese officials express confidence in their ability to counteract economic measures imposed by the U.S. Moreover, ongoing discussions with American corporations suggest a willingness for dialogue to resolve these tensions. It remains crucial for both nations to navigate these complexities in a manner that preserves global economic stability.
Original Source: apnews.com
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