China retaliated against Donald Trump’s latest tariffs by hiking duties on all US goods, while calling the administration’s actions a “joke” and saying it no longer considers them worth matching.
Beijing will raise tariffs on all US goods from 84% to 125% starting April 12, the Ministry of Finance said on Friday, after the White House clarified that levies on Chinese goods rose to 145% this year.
“Given that American goods are no longer marketable in China under the current tariff rates, if the US further raises tariffs on Chinese exports, China will disregard such measures,” according to the statement.
However, China warned that it will “resolutely counterattack and fight to the end” if the US continues to infringe on its rights and interests. It also said America should take full responsibility for the damage caused by the tariffs.
Tensions between Beijing and Washington have spiraled beyond tit-for-tat tariff exchanges in recent days to impact services and people-to-people ties. Chinese authorities on Thursday moved to cut the number of American films allowed in theaters. Officials also warned citizens against traveling to the US and cautioned students about security risks in “certain states.”
The US and China now trade about $700 billion worth of goods each year. Without a deal to ease tensions, the higher tariffs will mean consumers and businesses on both sides are likely to face rising costs, as they scramble to adjust supply chains and reduce their tariff exposure.
So far, China has refused to cave to Trump’s pressure even as soaring duties are expected to weigh on the economy, with Goldman Sachs Group Inc. economists cutting their 2025 growth forecast to 4% from 4.5%.
President Xi Jinping on Friday made his first public remarks on the escalating trade war, saying China remains confident and unafraid of any “unjustified suppression.”
“One that goes against the world risks being isolated themselves,” Xi told visiting Spanish Prime Minister Pedro Sanchez.
Reaffirming China’s stance that there are no winners in a tariff war, Xi added that the country’s development has never relied on the goodwill of others. “No matter how the external environment changes, China will stay confident, remain calm, and focus on managing its own affairs,” he said.
100M adults are so ignorant they continuously choose not to vote at all. The D's have supported neoliberalism for the last 40 years, which holds just as much blame for destroying the middle class and spawning fascism. "towing the party line" is a cop out.
While oligarch and capitalist fueled propaganda is to blame, that doesn't change the fact that the US is now a fascist dictatorship. The American people are the only ones who can cut the cancer from their system, and it's obvious to anyone paying attention that the only way that's going to occur is if they feel enough pain to get them off their asses, take direct action, and eliminate fascism by any means necessary.
The media feeds the ignorant masses non-stop propaganda and scapegoats so they will have someone to blame. Don't expect them to make rational decisions, or wise choices. Our government now discourages learning, and critical thinking is a crime. Furthermore, people who are scrambling to keep a roof over their heads and food on the table have no time to understand issues. They seek relief from the stress in entertainment and drugs.
Arguably, voting is made very difficult for many people. So, I am not going to say you’re wrong, but it’s not as easy as just “go vote.” At least we can still speak openly about it and not get tossed in a prison cell and “reeducated.”
That’s next week haha.
I never remotely implied voting would fix this. The time to vote for change is long gone. I said direct action by any means necessary, and I meant it.
None of this insanity is going to stop until the American people stop it, by force. The sooner they all realize that, the better.
And if the 21st C American is as slow as Trumps re-election indicates... I'm talking relentless boycotts, protests, and general strikes, and if (99% chance that if is a when) the government starts using terrorism to crush the protestors, that is the time when the people are morally and ethically justified to respond with terrorism, in turn. Dictatorships rarely ever fall peacefully.
Let’s just shoot the cunt.