China warning on us tarifs: On the other side of the trade war between the US and China, Beijing continues warning for countries that want to sign any kind of business agreement with Washington. This threat has been given by China at a time when the report came that the Trump administration wants to interact with those countries who are under heavy pressure due to tariffs and want to separate China from it.
On the one hand, while President Trump imposed a tariff of 10 percent on the rest of the countries around the world, the tariff on many goods in China increased to 145 percent. Beijing also took retaliation and put up a tariff of up to 125 on American goods.
The Donald Trump administration said that many countries are talking to the US to reduce tariffs. But on Monday, the Chinese Ministry of Commerce said that they fully oppose the American’s comprehensive economic agreement of other countries, as they are against its interests. A spokesman for the Ministry of Beijing Commerce said in a statement- appeasement will not bring peace and compromise cannot be respected.
Beijing said that fulfilling the selfish interest of another at the cost of the interests of another… This mentality will harm both and will harm others. The spokesman said that China opposed any agreement against the interests of Beijing. If such a situation is born, China will never accept it and retaliation will be taken.
Beijing has also criticized the US to put the first tariff on top of the business partner countries and then pressurize it. The Chinese Ministry of Commerce further stated that Beijing is fully capable of protecting its interests and rights and wants to further strengthen it with all sides.
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