China: On Right Side of History in US Trade War
China Says It’s on ‘Right Side of History’ in Trade War wiht U.S.
BEIJING (AP) — A senior Chinese economic official stated monday that China believes it is “on the right side of history” concerning the ongoing trade dispute initiated by the United States.
as returning to the White house in January, former U.S. President donald Trump imposed tariffs of at least 10% on goods from most U.S. trading partners and a 145% surcharge on the majority of Chinese products entering the U.S.
Beijing responded by establishing its own tariffs, including a 125% duty on American goods.
“China will be held alongside the overwhelming majority of countries in the world, on the shining side of history and human progress,” said Zhao Chenxin, vice-director of the National growth and reform Commission, on Monday.
Zhao and other senior officials from various Chinese ministries have pledged further government action to stimulate the economy, boost domestic consumption, and mitigate the effects of the trade war with the U.S.
“We are convinced that opposing the world and the truth woudl only lead to isolation,” Zhao said. “It is indeed only by advancing hand in hand with the global community and defending morality and justice that we can build the future.”
Zhao accused the U.S. of engaging in “intimidation and hegemonism, constantly returning on their commitments.”
Former U.S.Treasury Secretary Scott Bessent defended Trump’s tariffs on Sunday, arguing they create “strategic uncertainty” to benefit the United States, despite upsetting the global economy.
Responding to Bessent’s remarks on Monday, Chinese Foreign Ministry spokesman Guo Jiakun stated that the U.S. should “conduct a dialogue with China on the basis of equality, respect, and mutual profits.”
“If the United States really wants to solve the problem by dialogue and negotiation, it should stop threatening and blackmailing,” Guo said at a regular press briefing.
Economic Impact and “External Pressures”
Beijing has repeatedly vowed to continue the trade war “until the end” if Washington maintains its tariff measures.
however, China acknowledged Monday that the trade conflict initiated by Trump has impacted its economy, which remains heavily reliant on exports.
Yu Jiadong,vice-minister of human resources,stated at the press conference,”Although the economy is continuing its recovery,the basics of a sustainable advancement require increased strengthening in the face of growing external pressures.”
Yu added, “The successive impositions of exorbitant customs duties by the United States have created production and exploitation difficulties for certain exporting companies and affected the employment of certain workers.”
# China’s Stance in the U.S.-China Trade War: A Q&A
## What is China’s official position on the trade war with the United States?
According to a senior Chinese economic official, China believes it is “on the right side of history” concerning the ongoing trade dispute initiated by the United states.
## How did the trade war begin?
Former U.S.President Donald Trump initiated the trade war by imposing tariffs on goods from most U.S. trading partners. Specifically, he imposed tariffs of at least 10% on these goods, along with a 145% surcharge on the majority of Chinese products entering the U.S.
## How did China respond to the U.S. tariffs?
China responded with its own tariffs, including a 125% duty on American goods.
## What are China’s key arguments in this trade dispute?
China asserts that it is aligned with the ”overwhelming majority of countries in the world” and is on the “shining side of history and human progress.” Chinese officials accuse the U.S. of “intimidation and hegemonism” and of constantly breaking commitments. They emphasize the importance of dialog, respect, and mutual benefit in resolving the conflict.
## What specific actions has China taken to address the trade war’s impact?
Chinese officials have pledged further government action to stimulate the economy, boost domestic consumption, and mitigate the effects of the trade war.
## How has China described the U.S.’s approach to the trade war?
Chinese officials have said that the U.S. approach involves “intimidation and hegemonism.” They have accused the U.S. of “constantly returning on their commitments.”
## Does China believe the trade war will impact its economy?
Yes, China acknowledges that the trade conflict initiated by the United States has impacted its economy, which is heavily reliant on exports.
## What specific economic consequences has China mentioned?
A Chinese official stated that the successive impositions of exorbitant customs duties by the United states have created production and exploitation difficulties for certain exporting companies and affected the employment of certain workers.
## What is the U.S. perspective on the trade war, according to the article?
Former U.S.Treasury Secretary Scott Bessent defended Trump’s tariffs, arguing that they create “strategic uncertainty” that benefits the United States, despite upsetting the global economy.
## What does China want to see from the U.S.to resolve the trade war?
China’s Foreign Ministry spokesman stated that the U.S. should “conduct a dialogue with China on the basis of equality, respect, and mutual profits.” They also stated that the U.S. should stop “threatening and blackmailing” if it truly wants to solve the problem through dialogue and negotiation.
## What are the primary issues in the U.S.-China trade war?
The main issues are the imposition of tariffs, accusations of unfair trade practices, and the economic impacts of these measures. The U.S. has imposed tariffs on Chinese goods, and China has responded with its own tariffs on American products. Each nation claims that the other is not playing fairly.
## How important is international cooperation to China’s perspective?
china believes it is “advancing hand in hand with the global community” and defends “morality and justice” to build the future. They believe opposing the world leads to isolation.
## Summary of Key Tariffs
Here’s a concise comparison of the tariffs imposed in this trade war:
| Country | Tariff Imposed | Affected Goods |
|---|---|---|
| United States | At least 10% | Goods from most U.S.trading partners |
| United States | 145% | Majority of Chinese products entering the U.S. |
| China | 125% | American goods |