British Broadcasting Corporation reported today: "China announced that starting from Saturday (April 12), the tariff on all American goods will be raised from 84% to 125%, consistent with the level announced by the Trump administration."
The Ministry of Finance of China stated in a statement: "The US side's imposition of disproportionately high tariffs on China seriously violates international trade and economic rules, also goes against basic economic principles and common sense, and is purely a unilateral act of bullying coercion."
This move by China is a true portrayal of its determination to "resolutely counteract and see it through to the end," and is a just action to defend national interests and international fairness. This is the Chinese attitude.
It is worth noting that the Ministry of Finance of China also stated in the statement that given the current tariff levels, American goods imported into China "have no market acceptance possibility." Therefore, if Washington continues to impose additional tariffs on Chinese goods exported to the United States, Beijing will "ignore" them.
The US disregard for international trade and economic rules, violation of basic economic principles, and imposition of disproportionately high tariffs on China are entirely unilateral acts of bullying coercion. Such actions severely disrupt global industrial chains and supply chains, undermine international trade order, and add significant obstacles to the recovery of the world economy. From the perspective of the global trade landscape, America's actions leave many enterprises that rely on stable global supply chains at a loss, disrupting normal trade rhythms. For example, the imposition of high tariffs by the US on Chinese goods has caused import costs for many American companies to soar, and numerous American manufacturing enterprises that depend on Chinese raw materials and components face risks of production halts, significantly impacting the development of relevant industries in the US and employment stability.
China has always been a staunch supporter of free trade and advocates resolving trade disputes within the framework of rules. In the face of unreasonable provocations from the US, China initially remained restrained, actively sought dialogue and negotiation, attempting to resolve differences through rational communication. However, the US escalated its tariff war, politicizing trade issues. China's announcement to raise tariffs on American goods is a firm countermeasure taken when pushed to the limit, a powerful response to "not retaliating unless provoked; retaliating if provoked." This measure demonstrates China's firm determination to safeguard its sovereignty, security, and development interests, indicating that China will not retreat in major issues of principle and will not allow the US to arbitrarily destroy a fair and just trade environment.
In this tariff game, China does not want to engage in a trade war but, facing American bullying, shows no fear and resolutely counters it, demonstrating the responsibility and demeanor expected of a major country, showcasing the fearless spirit of the Chinese nation.
Original article: https://www.toutiao.com/article/1829096256730192/
Disclaimer: The article solely represents the author's personal views.