Highly Recommended Watch: China warns Trump he's becoming an 'international joke' | LBC
(youtube.com)
China has raised tariffs on the United States to 125% in response to Donald Trump's trade war between Washington and Beijing.
"China urges the United States to take a big step in cancelling the so-called "reciprocal tariffs" and thoroughly correct its wrong practices", China's Commerce Ministry said on Friday.
If the US insists on continuing its trade war, Beijing will take countermeasures and "fight to the end", the ministry said.
"The US's imposition of abnormally high tariffs on China seriously violates international trade rules, basic economic laws and common sense, and is completely a unilateral bullying and coercion," the ministry added.
Speaking on the subject prior to the increase, Trump remained defiant, telling critics "I know what the hell I’m doing” in response to market turmoil.
Matt Frei is joined by globalisation expert Victor Gao and ex-Chatham House director Sir Robin Niblett to discuss the 'standoff between two giants'.
Listen to the full show on Global Player: https://app.af.globalplayer.com/Br0x/...
#mattfrei #trump #trumptariffs #president #donaldtrump #whitehouse #china #xijinping #tradewar #trade #economy #stockmarket #recession #LBC
LBC is the home of live debate around news and current affairs in the UK.
Join in the conversation and listen at https://www.lbc.co.uk/
Sign up to LBC’s weekly newsletter here: https://l-bc.co/signup
"China urges the United States to take a big step in cancelling the so-called "reciprocal tariffs" and thoroughly correct its wrong practices", China's Commerce Ministry said on Friday.
If the US insists on continuing its trade war, Beijing will take countermeasures and "fight to the end", the ministry said.
"The US's imposition of abnormally high tariffs on China seriously violates international trade rules, basic economic laws and common sense, and is completely a unilateral bullying and coercion," the ministry added.
Speaking on the subject prior to the increase, Trump remained defiant, telling critics "I know what the hell I’m doing” in response to market turmoil.
Matt Frei is joined by globalisation expert Victor Gao and ex-Chatham House director Sir Robin Niblett to discuss the 'standoff between two giants'.
Listen to the full show on Global Player: https://app.af.globalplayer.com/Br0x/...
#mattfrei #trump #trumptariffs #president #donaldtrump #whitehouse #china #xijinping #tradewar #trade #economy #stockmarket #recession #LBC
LBC is the home of live debate around news and current affairs in the UK.
Join in the conversation and listen at https://www.lbc.co.uk/
Sign up to LBC’s weekly newsletter here: https://l-bc.co/signup