A spokesman for the Chinese Ministry of Commerce said Thorsday that Beijing expected the United States to work to discourage the commercial war between the two largest economies in the world after the president. Trump announced a pause in the highest rates He had imposed on many other countries.
“China’s position is clear and consistent: the By to Tours is open, but the dialogue must be carried out in a basic equal with mutual respect,” said the spokeswoman for the Ministry of Commerce, He Yongqian. “Porcelain You will keep your position until the end. Pressure, threat and blackmail are not the right ways to deal with China. We hope that the United States works with China. Based on the principles of mutual respect, peaceful coexistence and a cooperation to win, we will properly resolve the differences through dialogue and consultation. “
Trump announced a pause on the planned implementation of higher tariffs for almost all nations on Wednesday night, leaving a 10% universal rate instead, but said he was raising tariffs on China from 104% to 125%. Thursdays put in force on Thursday, at the same time as Beijing retaliation rates or 84% tok effect on US imports to China.
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The Chinese Ministry of Foreign Affairs shows a tougher position, and promised to fight.
“The actions of the United States without collection and unfair go against the will of the people and are condemned to fail at the end,” said China’s Ministry of Foreign Ministry, Lin Jian. “I want to reiterate that in a tariff war or a commercial war, there are no winners. China does not want a commercial war, but we are not afraid of one. We will never stay and we will see the legitimate rights and interests of the Chinese people and the multiple issues for the alces.
On Wednesday, Trump said he thought he could reach a resolution with China.
“China wants to reach an agreement,” said the president at the White House. “They just don’t know how to do it.”
He announces his own 90 -day pause at any Retaliaticia rate
In other parts of the world, such as The markets recovered In response to the tariff reversal of Mr. Trump after days of pronounced losses, leaders and economists continued to express concern about economic uncertainty, but there were also more powerful news for actions of actions.
The president of the European Commission, Ursula von der Leyen, said in a publication on social networks that the 27 -nations block would put its own plans to impose retaliation rates for US imports on hold for 90 days, coinciding with the latest Trump movement.
“We want to give negotiations a chance,” said Von der Leyen. “At the end of the adoption of the EU countermeasures who saw strong support from our Member States, we will suspend them for 90 days.”
The EU leader had previously warned that “the clear and predictable conditions are essential for commercial and supply chains to work.”
“The risks are still huge,” said Holger Schmieding, Berenberg chief economist, according to the Reuters news agency.