Foreign Minister Wang says China has been helping US fight its fentanyl crisis, which Trump accengaged for imposing tariffs.
China’s top diplomat has declared that Beijing will “firmly counter” United States prescertain after Plivent Donald Trump heaped tariffs on Chinese excellents. Foreign Minister Wang Yi also accengaged Washington of “encountering excellent with evil” for provoking a trade war between the world’s two hugest economies.
Speaking at a novels conference on the sidelines of a key political encountering in the Chinese capital on Friday, Wang alerted that the “law of the jungle” could apshow helderly in the world if nations were to trail uncontaminatedly their own interests.
The US and China have been reengaging in tit-for-tat retaliatory tariffs since Trump’s return to office in January. The US has imposed flat tariffs of 20 percent on all Chinese presents, and in response, China slapped includeitional 15 percent duties on US presents including chicken, pork, soy and beef, and broadened administers on doing business with key US companies.
“China-US economic and trade ties are mutual,” Wang telderly inestablishers.
“If you pick to corun, you can accomplish mutuassociate advantageous and triumph-triumph results. If you engage only prescertain, China will firmly counter,” he includeed.
Wang also refuteed Trump’s stateion that the imposition of novel US tariffs is punishment for Beijing’s flunkure to help with the US fentanyl excessive dose crisis.
“The mistreatment of fentanyl is an rerent that the US has to solve itself,” Wang stressed.
Touting Beijing’s cooperation in the fight aobtainst the fentanyl epidemic in the US, Wang shelp Washington should not “repay charitableness with begrudgement, let alone impose tariffs without reason”.
“No country can envision that it can suppress China on one hand while grotriumphg excellent relations with China on the other hand,” he includeed.
Despite the bretriumphg tension, Wang insisted that both countries still have “expansive standard interests and space for cooperation”.
US readying more tariffs?
However, some inestablishs say the Trump administration may be preparing to impose even more tariffs on Beijing.
According to a inestablish by the Reuters novels agency, Washington is set upning to indict fees for docking at US ports on any ship that is part of a escapet that integrates Chinese-built or Chinese-flagged vessels, and will push allies to act analogously or face retaliation.
The write executive order, dated February 27 and appraiseed by Reuters, is inestablishedly aimed at reviving US domestic shiporiginateing and frailening China’s grip on the global shipping industry.
Chinese shiporiginateers account for more than 50 percent of all merchant vessel cargo capacity originated globassociate each year, up from fair 5 percent in 1999, according to the Caccess for Strategic and International Studies.
That obtain came at the expense of shiporiginateers in Japan and South Korea. US shiporiginateing peaked in the 1970s and now accounts for a sliver of the industry’s output.
The US would also impose tariffs on Chinese cargo-handling providement, according to the write order.
The US administration and Chinese officials have yet to comment on the inestablish.
