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China has opposed US President Donald Trump’s decision to impose 100% tariff. China Finance Ministry official told the media that if America wants to fight, we will fight till the end; If anyone wants to talk, our doors are open.
In fact, China has imposed strict rules on many rare minerals. Under these rules, if any company wants to buy rare minerals from China and sell them outside, it will first have to obtain a license from the Chinese government.
Trump has called this decision hostile. He has warned that if China does not back down, the US will impose new tariffs of three points (more than 100%).
On this, China says that America first imposed a lot of restrictions on its companies, in response to which it had to take this step. If America wants to talk, then stop making threats.
China said- America spoiled the atmosphere of talks
The Chinese government said that the US spoiled the atmosphere for negotiations by planning to impose tariffs on Chinese ships. This is a situation like May, when Trump imposed sanctions on Chinese company Huawei, stopped chips software and threatened on visas of Chinese students.
However, China also said that a complete ban has not been imposed, but now a license is required for rare minerals. Experts say that China is adopting rules like America.
Jinping-Trump meeting may be canceled
It is feared in media reports that if this tension is not reduced then the meeting between Jinping and Trump to be held in South Korea at the end of this month may be cancelled. However, US Finance Minister Scott Besant said that the meeting will take place.
The tension between the two largest economies of the world has created an atmosphere of uncertainty in the global market. Traders fear that if this dispute progresses, a trade war-like situation may arise.
Expert said – America attacked first, now it is becoming innocent
Regarding Trump’s aggressive foreign policy, Professor Jin Kanrong of Renmin University of Beijing said – America first attacked China and now it is trying to show itself innocent.
At the same time, Professor Wu Xinbo of Shanghai’s Fudan University said – This step exposes America’s wrong intentions. Trump’s team has no idea of the consequences of its decisions.
He further said that America banned chips and technology, now China is responding to it.
On the proposed meeting between Xi and Trump, Wu said, “Trump will have to take concrete steps to improve relations. China will not tolerate America’s pressure.
Wang Yiwei, another professor at Renmin University, said- China understands Trump’s strategy very well. This time America is more troubled. Our message is clear that America should cooperate with China.
China said- America spoiled the atmosphere
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