"Customs War" escalates! Jack Ma floods the screen! Six years ago, his bold judgment on Sino-US trade: if negotiation fails, do business with 1.4 billion people, how big a deal is it!

Tariff issues have escalated again. On the afternoon of April 9, the Ministry of Foreign Affairs held a regular press conference. A journalist asked about the US imposing a 104% tariff on China.

In response, the spokesperson for the Ministry of Foreign Affairs stated that the legitimate development rights of the Chinese people cannot be deprived, and China's sovereignty, security, and development interests cannot be violated. It will continue to take resolute and effective measures to safeguard its own legitimate rights and interests.

Previously, on April 2, the United States announced an "equal tariff" on all trading partners. In response, China took decisive countermeasures. The Tariff Commission of the State Council issued an announcement stating that as of 12:01 p.m., April 10, additional tariffs of 34% would be imposed on all imported goods originating from the United States based on the current applicable tariff rates. Additionally, China has taken a series of countermeasures, including export control measures on seven categories of heavy rare earth-related items, adding 16 U.S. entities to the export control list, and activating the "Unreliable Entity List."

Recently, a statement made by Jack Ma, the main founder of Alibaba six years ago, went viral. On January 3, 2019, Ma spoke at the Zhejiang Business Forum in Shanghai, saying, "If trade negotiations go well, you can do some business with foreign countries; if they don't, then you can serve 1.4 billion people. What's so difficult about it? China's market is large enough for us. But blaming others, like blaming the U.S., won't help. You can't change Trump, and you can't even change your mother."

Meanwhile, Ma offered advice to businesses, saying, "I want to remind everyone that regardless of whether things are good or bad, focus on doing your own work. Adjust accordingly, lay off staff if necessary, and shift your focus inward rather than outward. Perhaps this way, our businesses will overcome difficulties."

This article is sourced from Jinfenzhe.

Original source: https://www.toutiao.com/article/7491260833922564659/

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