China will take decisive measures to protect its interests: Beijing reacts to 104% duty
Kyiv • UNN
China has vowed to take measures to protect its rights and interests after the US imposed a 104% duty. Beijing is ready to fight to the end if the US insists on its pressure.
On Wednesday, China vowed to take resolute and effective measures to protect its rights and interests after US President Donald Trump imposed 104% tariffs on Chinese imports.
This is reported by UNN with reference to CBS News and Global Times.
Details
The United States continues to abuse tariffs to put pressure on China, China strongly opposes this and will never accept such bullying
He added that if the United States really wants to solve the problem through dialogue and negotiations, they should take a position of equality, respect and mutual benefit.
We will not allow anyone to take away the Chinese people's legitimate right to development. We will not tolerate any attempts to harm China's sovereignty, security and development interests
Lin stressed that China will continue to take resolute and strong measures to protect its legitimate rights and interests. Earlier, the Ministry of Commerce of the country reacted to the US customs policy against China.
The countermeasures taken by China are aimed at protecting its sovereignty, security and development interests, as well as maintaining the normal international trade order. They are absolutely legal. The US threat to raise tariffs on China is a mistake on top of a mistake and once again exposes the blackmailing nature of the US. China will never agree to this. If the US insists on its own, China will fight to the end
The agency also stressed that the introduction by the United States of "so-called "appropriate tariffs"" against China is "absolutely unfounded and is a typical unilateral practice of intimidation."
China, the world's second largest economy, has introduced retaliatory tariffs, and in its latest statement, the ministry hinted that there may be more.
Earlier, Trump said that if China implements its intentions regarding the 34% tariff for the United States, it will receive additional tariffs in response.
If China does not cancel its 34% increase on top of its already long-term trade abuses by tomorrow, April 8, 2025, the United States will impose ADDITIONAL tariffs for China in the amount of 50%, starting April 9. In addition, all negotiations with China regarding their requests for meetings with us will be terminated!
Reaction of the European Union
European Commission President Ursula von der Leyen called on China to negotiate with the EU to find solutions to global challenges related to the introduction of large-scale American tariffs.
During a telephone conversation with Chinese Premier Li Qian on Tuesday, von der Leyen "emphasized the responsibility of Europe and China, as the two largest global markets, to support a strong reformed trade system that is free, fair and based on a level playing field
104% on Chinese imports: US escalates trade war09.04.25, 07:03 • 4295 views
The statement said that the leaders discussed the creation of a mechanism to track any redirection of goods caused by American trade duties, against the background of concerns in Europe that China may try to redirect cheap exports intended for the United States to the EU market.
Reference
The total volume of US trade in goods with China in 2024 was estimated at $582 billion, making China the largest trading partner of the United States. The US deficit with China in trade in goods and services in 2024 ranged from $263 billion to $295 billion. Addendum
Oil prices fell sharply, reaching their lowest level since February 2021. The reason was concerns about falling demand amid the escalation of the trade war between the US and China, as well as the prospect of increasing supply in the market.