China says it will counterattack Trump tariffs, calling them 'blackmail'
- President Trump announced new tariffs on Chinese imports on Wednesday, April 2.
- The administration cited concerns over trade imbalances and illicit fentanyl flow as reasons.
- The new tariffs, combined with previous levies, resulted in duties of at least 54%.
- Chinese Foreign Minister Wang Yi stated that "'America First' should not be American bullying."
- China vowed countermeasures, potentially including tariffs and increased diplomacy, as trade tensions escalate.
33 Articles
33 Articles
China vows to counter Trump's “intimidating” tariffs as global trade war intensifies
By John Liu and Simone McCarthy, CNN China has promised to fight back after President Donald Trump announced significant new tariffs on its exports to the United States as part of his radical reform of a century of US global trade policy. Trump revealed on Wednesday that he will impose 54% tariffs on all Chinese imports to the United States, in a move that seeks to promote a major reestablishment of relations and escalate a trade war between the…
China promises counter-attack on Trump’s tariffs, while Asian allies call for “explanations”
Trump took the biggest blow to world free trade this Wednesday to date, faltering decades of liberalization that have shaped the international order established after World War II. From today, universal tariffs give way to replicas, negotiations and riferrafts to right and sinister. This climate of uncertainty so damaging to the global economy affects in particular the Asian continent, which houses both the main adversary, China, and traditional…
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