Connect with us

Published

on

The US president challenges Beijing and announces new investments. China condemns ‘abusive’ use of tariffs and calls for a return to dialogue

The trade war between the US and China has officially kicked off. US President Donald Trump, in the middle of his second term, raises the challenge to Beijing: ‘This is an economic revolution, and we will win. Brace yourselves, it won’t be easy, but the outcome will be historic,’ he wrote on Truth Social, downplaying the impact of Chinese counter-duties to 34% and claiming an unprecedented industrial recovery. ‘We are bringing back jobs and businesses like never before,’ he added, ‘We have already invested over $50 million and are growing rapidly.

China’s retort was immediate, calling the US use of tariffs ‘abusive’ and contrary to WTO rules. In a tough official statement, Beijing accuses Washington of implementing economic coercion disguised as fairness, promoting a hegemonic vision based on ‘America First’. The Chinese government says it is ready to defend its sovereignty and economic security, while reaffirming its willingness to maintain cooperation with the US on a reciprocal basis.

‘The US must put an end to the use of tariffs as a political weapon and respect the legitimate rights of the Chinese people,’ reads the document, which also launches a call for multilateralism as the foundation of shared and sustainable development.

Foreign Ministry spokesperson Guo Jiakun kicked up a fuss on Facebook, accusing the US of triggering an ‘unjustified’ trade war that is already causing severe downturns in global markets. ‘The market has spoken,’ he said, ‘It is time for the US to stop making mistakes and return to dialogue on an equal footing.

THE LATEST NEWS

Death of Diane Keaton: pneumonia confirmed as cause

Oscar-winning actress dies at 79, family thanks fans and invites donations Famous actress Diane Keaton died on Saturday 11 October...
Read More
Death of Diane Keaton: pneumonia confirmed as cause

Here is the text of the Sharm el-Sheikh Declaration for Peace in Gaza

The text of the agreement signed by Trump, al-Sisi, al-Thani and Erdoğan for stability and security in the Gaza Strip...
Read More
Here is the text of the Sharm el-Sheikh Declaration for Peace in Gaza

Rutte: ‘Russian hypersonic missiles can hit Rome in minutes’

 -Russian hypersonic missiles, NATO alert: ‘Europe is entirely on the eastern front’- Russia poses a direct and immediate threat to...
Read More
Rutte: ‘Russian hypersonic missiles can hit Rome in minutes’

LIVE VIDEO All living hostages (20) handed over to Israel

 -Breaking news - All the hostages, 20 to be precise, have been handed over by Hamas and are now in...
Read More
LIVE VIDEO All living hostages (20) handed over to Israel

Shooting in St Helena: at least 4 dead and 20 injured in a restaurant

South Carolina in shock after armed attack in a restaurant on the island of St Helena At least four people...
Read More
Shooting in St Helena: at least 4 dead and 20 injured in a restaurant

France, Macron confirms Lecornu: mixed reactions from political parties

Following the appointment of Sébastien Lecornu as Prime Minister, LR and PS divided over support for the new government In...
Read More
France, Macron confirms Lecornu: mixed reactions from political parties

(Photo: © AndKronos)

Di Tendenza/Trending