Beijing warns from the USA and allies before trade restrictions
Beijing warns from the USA and allies before trade restrictions
Hong Kong - Beijing's government has warned her trading partners not to bend the pressure of the United States to restrict the trade in China. This is done in exchange for exceptions to President Donald Trump's "mutual" tariffs.
China's clear position
A spokesman for the Chinese Ministry of Commerce commented on Monday current media reports on the plans of the United States to use collective bargaining to isolate China's economy. He said: "Attachment does not bring peace and compromises do not lead to respect."
The dangers of short -term interests
"The striving for temporary self -interest at the expense of others - in exchange for so -called exceptions - is as if you were asking for a tiger for your fur. In the end, you do nothing and harm both others and yourself," added the speaker in an explanation.
China's commercial point of view
"China decides that any party will make an agreement at the expense of the interests of China's interests. If such a Situation occurs, China will not accept this and will take countermeasures," the spokesman continues.
Trump's trade war
On April 9, Trump paused his “mutual” tariffs for most countries for 90 days, while he clearly focused on China and increased the taxes on Chinese imports to an incredible 145%.
planned isolation of Chinas
The Wall Street Journal Week that the Trump administration is planning to use the ongoing collective bargaining in order to put US trading partners under pressure to restrict their use of China. This was communicated from non -mentioned sources that are informed about the talks.
blackmail by trading barriers
The strategy is to receive commitments to insulate the Chinese economy from the US trade partners, in exchange for the reduction of commercial and tariff barriers, which were imposed by the White House. It is reported that countries should be prevented from allowing China, by their territories to ship, Chinese companies are to be prevented from settling down in their countries in order to avoid US tariffs and that they should not include China's cheap industrial products in their economies
This is a developing story that is updated.
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