China has warned the U.S. against suppressing it while maintaining a positive relationship, criticizing recent U.S. tariffs relating to fentanyl. Retaliatory tariffs have been exchanged, with Beijing ready for any type of conflict. The escalating trade war risks undermining global economic stability.
China has issued a clear warning of retaliation in response to the United States’ ongoing trade war, particularly emphasizing that no nation can suppress China while maintaining a stable relationship with it. Chinese official Wang Yi asserted that such two-faced diplomacy undermines mutual trust and stability in bilateral relations.
Recently, the U.S. imposed tariffs on China, Canada, and Mexico over allegations related to fentanyl smuggling, which these nations have deemed baseless. China claims it has significantly reduced its exports of industrial chemicals linked to fentanyl while arguing that illegal drug issues in the U.S. are domestic challenges.
The imposition of tariffs is part of an escalating conflict initiated by President Donald Trump since his return to office. The United States raised tariffs on all Chinese imports to 20%, while China retaliated with 15% tariffs on U.S. goods including significant agricultural products and tightened business regulations regarding U.S. companies.
Wang criticized the Trump administration’s approach of prioritizing U.S. interests at the expense of global cooperation, warning that such behavior could lead to a breakdown in the international order. He stated that if all countries adopted this selfish approach, weaker nations would suffer the most.
Furthermore, China has signaled its readiness for conflict, stating it is prepared to engage in any form of war, including trade wars. The situation continues to escalate as tariffs on various goods are being widely exchanged between the two economies, raising fears of a more significant economic confrontation.
Leaders in Beijing are attempting to project confidence in China’s economic resilience, implying their readiness to withstand pressure from the U.S. tariffs. The consequences of these developments could have lasting implications not only for the U.S.-China relationship but also for the global economy at large.
The ongoing trade conflict between the U.S. and China highlights increasing tensions, with both nations imposing significant tariffs on each other’s goods. China’s insistence on its readiness to retaliate indicates a determination to protect its economic interests. As the situation develops, it underscores the fragility of international relations and the potential economic ramifications if the trade conflict escalates further.
Original Source: m.economictimes.com
