“[The tariffs] harm the legitimate rights and interests of WTO members and threaten the international economic and trade order as well as the rules-based multilateral trading system,” the spokesperson stated.
It is a common form of unilateral bullying that jeopardizes the stability of the international trade and economic order. China is adamantly against this.
Trump discusses the effects of tariffs on the US and delivers a stern warning to the “biggest abuser,” China.
In response to the US tariffs, Donald Trump has criticized China for disregarding his “warning for abusing countries not to retaliate.”
Declaring April 2 to be “Liberation Day” for America, “remembered as the day the American industry was reborn,” Trump announced significant new tariffs imposed on commodities from throughout the world.
Trump is charging non-compliant countries 25 percent, UK imports 10 percent, and EU goods 20 percent in addition to imposing a 25 percent tariff on all foreign-made cars and a baseline 10 percent tariff on all nations, with the exception of those that comply with the USMCA free trade agreement between Mexico, Canada, and the US.
However, equivalent duties were also imposed on other nations, the so-called “worst offenders”; China was subject to an astounding 54 percent levy.
China would not back down despite Treasury Secretary Scott Bessent’s warnings against reprisal, imposing a 34 percent tariff on US exports starting on April 10.
China is also suing the US over the tariffs, according to a ministry of commerce spokesperson. The country is suing the World Trade Organization (WTO) on the grounds that Trump’s tariffs “seriously violate WTO rules” and “undermine the rules-based multilateral trading system and the international economic and trade order.”
