March 4, 2025, China, Beijing: Lin Jian, spokesman for the Ministry of Foreign Affairs of China, answers questions from journalists.
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The Chinese Ministry of Foreign Affairs reiterated on Wednesday that Beijing will take “resolved and forceful” measures to protect their own interests, after the net total tariffs of 104% in Chinese imports in the US in the US entered into force.
“If the United States really wants to solve the problem through dialogue and negotiation, it should show an attitude of mutual equality, respect and benefit,” said Foreign Ministry spokesman Lin Jian, at a regular press conference.
Echoing the comments of the Ministry of Commerce on Tuesday, Lin said that “if the United States insists on fighting a tariff war and a commercial war, China” will definitely fight until the end. “
Last Friday, the China Ministry of Finance announced 34% in additional tariffs on all the goods imported from the US.
The thorough rates followed two previous rounds of 10% -15% of tariffs, mainly directed
According to Dan Wang, director of China in Eurasia Group, Trump’s tariffs effectively eliminated the profits of Chinese exporters once the import tariffs of the United States approved the 35%mark. After that, Chinese exporters will not sell to the United States at all, he said.
In a separate official white paper published on Thursday by the Information Office of the State Council, the Chinese authority said that “if the United States insists on further increasing its economic and commercial restrictions, China will counteract and fight decisively to the United States until the end,” according to a translation of CNBC.
“The United States uses tariffs as a weapon to exert extreme pressure and seek selfish interests. This is a typical act of unilateralism, protectionism and economic harassment,” Beijing said in the White Paper.
The Chinese administration added that increasing tariffs would not help with the problems of commercial surpluses of the United States, but will cause great volatility in financial markets, exacerbe the inflationary pressure and undermine US industries.
However, Beijing said he expected the United States to “meet halfway” and immediately lift the unilateral commercial barriers, while reiterating its opening to strengthen dialogue, manage difference and boost collaboration.
China alleged that he fulfilled the terms under the commercial agreement of “Phase 1” that Trump hit with Beijing during his first presidential term, while stating that the United States violated certain mandates in the agreement. CNBC has communicated with the White House to comment on these statements.
The agreement required China to increase the purchases of US goods by $ 200 billion for a period of two years, but Beijing failed to meet its objectives such as the Covid-19 pandemic.
