Reference Message Network reported on April 5 that according to a report from the UK Guardian website on April 4, China has strongly countered Trump's "bullying" tariffs.

The report said that China has strongly countered Trump's "bully" tariffs.

On April 4, China announced a 34% punitive tariff on all American imports. This move echoed the US decision and further intensified global stock market sell-offs.

The report also mentioned that China's countermeasures occurred after Trump imposed a 34% tariff on Chinese goods, which had already been subject to a 20% tariff, bringing the total tariff to 54%.

The Tariff Commission of the State Council of China stated that the US approach "does not conform to international trade rules, seriously harms China's legitimate rights and interests, and is a typical case of unilateral bullying behavior."

According to a report by AP on April 4, China announced on April 4 that it would impose a 34% tariff on all US imports starting next week. These measures are Beijing's strongest response so far to the trade war initiated by the US leader.

Craig Singleton, senior researcher on China affairs at the Foundation for Defense of Democracies in Washington, said that if China's previous reactions were like a scalpel, then this time it was drawing its sword.

The report quoted Singleton as saying: "China's new tariffs do not reach the level of a full-scale trade war, but they mark a significant escalation - in direct response to Trump, showing that China will not sit idly by under pressure."

China's Ministry of Commerce described Trump's tariffs as "a typical case of unilateral bullying behavior."

According to a report by RT on April 4, Vladimir Sedyashyov, an expert at the Russian Economic Policy Foundation, commented on Beijing's decision to impose retaliatory tariffs on Washington. He pointed out that China's countermeasures can be considered proportional, with the same tax rate as what Trump proposed.

Sedyashyov believed that the metallurgy, chemical, and automotive manufacturing industries in the United States may suffer the greatest losses.

Natalia Miltchakova, chief analyst at Global Liberty Finance, believed that compared to the Chinese economy, the US economy will be affected more significantly.

Miltchakova explained: "China's retaliatory tariffs will certainly lead to an increase in US inflation because the US is heavily dependent on China's supply of rare metals and rare earth metals. After giving up the US market, China can redirect its exports to BRICS countries." She analyzed that due to rising prices for electric vehicles, household appliances, smartphones, computers, microelectronics, clothing, footwear, and many other non-food products, the US inflation rate could return to 3% for the entire year of 2025. Another question is, where can the US send the goods it previously exported to China (especially agricultural products)?

Original article: https://www.toutiao.com/article/7489826074558235190/

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