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Why does Beijing not retreat to Trump on tariffs

Stephen McDonel

Chinese correspondent

Screens on stock markets getty detect red in this stockGets the image

In response to why Beijing does not retreat to Donald Trump on the tariffs, the answer is that it does not need it.

Chinese leaders would say they were not inclined to participate in the bully – what his government has repeatedly called the Trump administration – but it also has the opportunity to do so beyond any other country on earth.

Before the tariff war began, China had a large sales in the US, but to translate it into context, it was only 2% of GDP.

Given this, the Communist Party obviously prefers not to close in the trade war with the United States at a time when it fights for correcting its significant economic headaches after many years of real estate crises, overcame the regional debt and constant unemployment in the youth.

However, despite this, the government told its people that the US was strongly standing.

He also knows that his own tariffs will also hurt US exporters.

Trump boasts with his fans, which would be easy to force China to represent, just hitting the country by tariffs, but it turned out to be extremely.

Beijing is not going to surrender.

Chinese leader Xi Jinping said a visit to the Spanish Prime Minister Pedro Sanchez on Friday that his country and the European Union should “jointly resist the unilateral practice of the bullying”.

Sanchez, in turn, said trade tensions in China should not interfere with cooperation with Europe.

Their meeting took place in the Chinese capital a few hours before Beijing again increased its tariffs for US goods – although it said it would not respond to the further increase in tariffs in the United States.

Next week, XI will visit Malaysia, Vietnam and Cambodia. These are all countries that have been badly affected by Trump’s tariffs.

Its ministers met with colleagues from South Africa, Saudi Arabia and India, talking to greater trade cooperation.

In addition, China and the EU are reportedly talking about the potential removal of European tariffs on Chinese cars that will be replaced by the minimum price to include a new dumping round.

In short, wherever you look, you see that China has options.

And analysts said that these mutual tariffs are increasing by two superpowers, now they become almost meaningless, as they have already crossed the point of reduction of most trade between them.

Thus, the tariff on Tit-TAT increases in both directions has become more like symbolism.

A linear schedule that shows the increase in tit tariffs imposed by China and the United States from each other from February 01 to April 11. The schedule shows how China initially contained tariffs for retribution to escalation in April.

Chinese Foreign Ministry press secretary Mao Nin has posted images of the chairman Mao on social media over the last two days, including a video during the Korea war when he said the United States that “no matter how long this war does.”

She posted her comments on this, saying, “We are Chinese. We are not afraid of provocations. We will not back down.”

If the Chinese government takes the chairman Mao, you know they become serious.

How does a trade war with the US affect people in China?

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