China-U.S. Trade War: Mistake on Top of a Mistake' Beijing's Response to Trump's New Tariff Deadline
Video Credit: Oneindia - Duration: 03:11s - Published
China-U.S. Trade War: Mistake on Top of a Mistake' Beijing's Response to Trump's New Tariff Deadline
China's immediate response to Trump's renewed tariff threat signals a sharp escalation in the U.S.-China trade war.
Calling it a “mistake on top of a mistake,” Beijing slammed the move and vowed firm retaliation.
The China-U.S. trade war deepens as Trump sets a new tariff deadline.
Beijing shows no signs of backing down.
#ChinaVsUS#TradeWar#TrumpTariffs#BeijingResponds #TariffThreat #GlobalTensions#USChinaTrade#EconomicShowdown
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Xi Jinping warns that “bullying” and “hegemonism” in global trade will backfire, criticizing U.S. trade policies. Speaking at a Latin American summit in Beijing, Xi emphasized that no one wins in a tariff war, advocating for unity and cooperation. His comments follow a temporary truce in the U.S.-China trade conflict, where both nations agreed to significantly reduce tariffs. With China scaling back levies on U.S. imports and the U.S. agreeing to lower tariffs on Chinese goods, Xi framed China as a defender of free trade and global fairness.
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As U.S. trade tensions mount, China is strengthening its grip on Latin America. At the China-CELAC Forum in Beijing, leaders from across the region gathered, with many deepening their commitment to China’s Belt and Road Initiative. With two-thirds of Latin American countries already on board, China has become the top trading partner for major economies like Brazil and Peru. Meanwhile, Trump's tariff threats and warnings over the Panama Canal have driven mistrust. China now positions itself as the reliable partner Latin America can count on.
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