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Home / Business / Trade war between the US and China: State media defend Beijing

Trade war between the US and China: State media defend Beijing



The US flag waving at a welcoming ceremony between Chinese President Xi Jinping and US President Donald Trump in 2017.

Getty Images News | Getty Images

China's state media showed courage after the country's trade war with the US escalated sharply over the weekend.

The final round of the dispute started on Friday night in Beijing, when the Chinese Ministry of Finance announced it will apply new tariffs ranging from 5% to 1

0% on US $ 75 billion worth of goods.

In retaliation, US President Donald Trump also said his government would levy tariffs on Chinese imports worth $ 550 billion.

Xinhua State News Agency A commentary on Saturday said, "The United States is paying the price for triggering a trade war as China is forced to announce the imposition of new additional tariffs on US goods."

"China has never stalled due to more than a year of trade disruption between the two countries," said the state news agency.

"When the US attempted to intensify bullying and exert maximum pressure on China, it only reinforced China's resolve, which led China to fight harder against bullying in the US and to defend its legitimate rights and interests." Xinhua added.

On Trump Call for US Firms to Leave the Company

In a Tweet, Trump ordered companies to look for an alternative to China, and urged American companies to "bring their businesses home and their products in." the USA ".

Xinhua According to Xinhua, the discussion about the separation of relations between US and Chinese companies was "at best ridiculous."

"Companies from both countries were ambassadors for positive change in the two economies".

China Daily, another state. In a separate newspaper on Sunday it says: "China was not a yes man in any country, and it will not be one now."

"It has become undeniably clear that the (Trumps) government's customs war against China is" I'm motivated, "the English-language newspaper added." Washington wants its biggest trading partner to be content with the second Playing the violin and meekly doing what it demands. "

" But Beijing sees the trade war as an unavoidable process through fire, which will make the country stronger, "China Daily added, a regular mouthpiece of the Chinese government

Call for dialogue

Beijing continues to argue for a settlement of the trade dispute through dialogue

China has contacted US trade, according to Trump Officials said overnight that they wanted to return to the negotiating table.

19659002] Chinese top negotiator Liu Er reportedly said at a technology conference in Chongqing City that Beijing is ready to go In a trade dispute with the United States through quiet negotiations to resolve and resolutely oppose the escalation of the conflict, Reuters said, citing the Chongqing Morning Post.

Separately, the nationalist Global Times said Sunday that China was "unaffected by" staggering US policy "that was contradictory.

" Thanks to reckless US movements, the trade war between the two sides has been steadily escalating " The Global Times said,

China has already made extensive psychological preparations for the further deterioration of the trade war and made various material preparations to deal with the situation, "she added.

– Evelyn Cheng of CNBC contributed to this report.


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