Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

  • Buffalox@lemmy.worldEnglish
    0·
    2 months ago

    With USA committing political and economic suicide, the road is now clear for China to become the world dominating power.
    I just hope they will take a graceful approach to their role, when nobody is in a position to oppose them.

    • Joncash2@lemmy.mlEnglish
      0·
      2 months ago

      Good news, or bad news depending on how self reliant your government is. China is doing exactly what it promised it would do if they were the sole super power. Which is we will not militarily interfere with your nation no matter the situation.

      So if your like Thailand, or Brazil, wonderful. You get to keep all your freedom and autonomy and China will happily trade with you.

      If your Myanmar or Sudan, well good luck revolutionaries. There’s no America to stand in your way of overtaking your government. If your the governments of these nations…

        • Joncash2@lemmy.mlEnglish
          0·
          2 months ago

          This again? Taiwan isn’t a recognized country. So they would not be interfering with a nation. IF you disagree with that, petition your own country to recognize Taiwan. The funniest thing is I’m Taiwanese and frankly the Taiwanese don’t want independence at this point. That’s why the Taiwanese congress is majority status quo and about 50/50 on independence and actually returning to China. The reason president Lai won is because the split is so strong that a 40% vote for Lai got him the win. A few more from the people who wanted status quo voted for him instead of Hou at 34%. Yet if you saw what congress did immediately after, which is handcuff him from ever declaring independence, you’ll know the will of the Taiwanese.

          So all that is to say, no China won’t be attacking Taiwan either. That’s just nonsense noise from the west, which frankly I as a Taiwanese person is absolutely sick of. The agreement is simple, Taiwan doesn’t declare independence and China will at most saber rattle.

          *Edit: Oh and what’s not reported is that right after Congress did that, China started a charm offensive. Inviting the former head of the KMT to China and undoing travel restrictions for Taiwanese citizens. So yeah, the war is only in your head, not ours.

          Edit 2:. Loving. The down votes for a Taiwanese person explaining to a westerner what our actual opinions are. Why don’t you all westsplain to me how I should feel.

          • Rolder@reddthat.comEnglish
            0·
            2 months ago

            Your comment history certainly doesn’t paint you as a Taiwanese individual. More as an American who is desperate to make China look as good as possible…

            • Joncash2@lemmy.mlEnglish
              1·
              2 months ago

              To be honest I’ve been waiting for someone to try to call me out on this. Here’s my passport

                • Joncash2@lemmy.mlEnglish
                  0·
                  2 months ago

                  You know, I’m confused what people are disagreeing with. I’ve only stated facts.

                  Sudan and Myanmar are completely under China’s sphere of influence. They are both in the middle of a civil war. China has done nothing and supplied both sides.

                  Taiwan has consistently stated they want the status quo. Congress is heavily in favor of that. So much so they made a law to handcuff the president from declaring.

                  China has repeatedly stated they believe Taiwan will aquiesce peacefully and will only invade if Taiwan unilaterally declares independence.

                  Thus, in a situation where China is the sole hegemony, China knows they are right about Taiwan and will simply wait out Taiwan. If the world is under Chinese sphere of influence we’ll see a massive uptick in civil wars.