China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War
Video Credit: Oneindia - Duration: 03:32s - Published
China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War
China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability.
Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession.
In response, China will impose a matching 34% tariff on all US goods by April 10 and has filed a complaint with the WTO.
As markets tumble worldwide, experts warn the ongoing tit-for-tat is more about politics than policy â and itâs dragging the global economy down with it.
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of Chinaâs tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
#ScottBessent #ChinaTariffs #USChinaTensions #TradeWar #JobLosses #XiJinping #TrumpAdmin #WhiteHousePress #BeijingEconomy #TariffTalks #EconomicCrisis #USDeficit #TradeDeficit #GlobalTrade #FinancialStability #SupplyChainCrisis #Geopolitics #ChinaJobs #USPolicy #BidenVsChina
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After a deadly attack in Kashmir that killed 26 people, China has urged India and Pakistan to show restraint and seek peaceful resolution. Chinese Foreign Minister Wang Yi stressed that conflict benefits no one, offering Beijing's support for de-escalation. Iran and Saudi Arabia have also stepped in, offering to mediate between the two rivals. As hostilities rise, India has expelled diplomats, suspended treaties, and closed borders, while Pakistan retaliated with its own measures. Global concern is growing over the threat of escalating conflict in South Asia.
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President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident that a deal is imminent in the coming weeks. He indicated a "number" that would make China comfortable, but the tariffs continue to cause market uncertainty and global recession fears. With China offering exemptions for critical goods, businesses hope these measures will ease tensions and stabilize supply chains. But, Beijing is prepared for a long-term fight if necessary.
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Trump claims meeting with China after Beijing denies any trade negotiations
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.
READ MORE : http://www.euronews.com/2025/04/25/trump-claims-meeting-with-china-after-beijing-denies-any-trade-negotiations
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Credit: euronews (in English) Duration: 01:16Published
China has deployed its aircraft carrier Shandong and an electronic surveillance ship to the Western Pacific in a direct response to the US-Philippines Balikatan drills and the unprecedented deployment of ship-sinking missiles in Luzon Strait. The US Navy's USS Nimitz is also active in the region. Beijing warned that any military collusion targeting Chinaâs interests will face consequences. With 9,000 US and 5,000 Filipino troops participating, tensions in the South China Sea are at a boiling point, signaling a potential confrontation in the Taiwan Strait corridor.
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Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates with 84% on US goods. China accuses Washington of violating trade norms and files a WTO complaint. With over 280 Chinese firms listed in the US, including Alibaba, this move could send shockwaves through global markets. Bessent warns of deeper escalation if China devalues its currency, urging negotiation before the economic crossfire intensifies further.
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President Trump launched a fiery critique of past U.S. trade policy, accusing former leaders of enabling Chinaâs rise by allowing unfair advantages through the World Trade Organization (WTO). He claimed China manipulated the system by branding itself a "developing nation" while gaining economic dominance. Trump also criticized U.S. officials for being complicit, saying âthey allowed this to happen.â His comments come amid escalating tariff tensions and renewed trade negotiations, reflecting a hardline stance on correcting what he calls decades of economic betrayal.
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US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to âget rich.â Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trumpâs administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
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The U.S.âChina economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for âpanickingâ and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials critical for tech industries and imposing controls on 27 U.S. firms. The trade battle now stretches into the WTO and beyond, with both nations hardening their stances. The global economy braces for impact as the two superpowers clash in an escalating tariff and tech war.
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