Beijing Condemns New US Tariff Threat
The Chinese Foreign Ministry vowed to "fight to the end" in response to U.S. President Donald Trump's proposal to impose a 50% tariff hike on $50 billion worth of Chinese goods. Spokesperson Lin Jian called the move "a typical example of unilateralism and protectionism" during a Tuesday press briefing.
Stalemate Over Economic Policies
Lin accused the U.S. of escalating trade disputes through "indiscriminate" tariff policies, warning that such actions disrupt global supply chains and harm businesses worldwide. "China will take necessary measures to resolutely safeguard its legitimate rights," he stated, urging Washington to abandon "economic bullying."
Global Implications
As tensions threaten to derail recent diplomatic efforts, analysts warn of potential ripple effects across Asian markets and manufacturing sectors. Investors are monitoring developments ahead of key APEC trade talks scheduled for next month.
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China vows to 'fight to the end' after fresh U.S. tariff threat
cgtn.com