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Source: AFP
A apical Chinese economical authoritative connected Monday said Beijing was connected the "right broadside of history" successful its gruelling commercialized warfare with the United States.
Since returning to the White House successful January, US President Donald Trump has imposed 10 percent tariffs connected astir US trading partners and a abstracted 145 percent levy connected galore products from China.
Beijing has responded with 125 percent tariffs of its ain connected US goods.
Speaking successful Beijing astatine a quality league astatine which officials vowed greater steps to shield China's flagging economy from the interaction of the standoff, elder economical planner Zhao Chenxin said Beijing was "on the close broadside of history".
"We firmly judge that if you are against the satellite and the truth, you volition lone isolate yourselves," Zhao said.
"Only by travelling with the satellite and with morality can we triumph the future," helium added.
The United States, helium said, "play cards retired of bladed air, bully and spell backmost connected their word", condemning Washington's "unilateralism and bullying".
US Treasury Secretary Scott Bessent connected Sunday defended Trump's tumultuous tariff argumentation -- which has sent shivers done markets -- arsenic a mode of creating "strategic uncertainty" that gives Washington the precocious hand.
When asked astir Bessent's comments, Beijing connected Monday said that the US should attack dialog with China successful a "fair, respectful and reciprocal" manner.
"If the US truly wants to lick the occupation done dialog and consultation, it should halt its threats and extortion," overseas ministry spokesperson Guo Jiakun said astatine a regular quality conference.
Dozens of countries look a 90-day deadline expiring successful July to onslaught an statement with Washington and debar higher, country-specific rates.
Beijing, however, has vowed to combat a commercialized warfare "to the end" and denied US claims it is successful talks with Washington.
But it has acknowledged planetary economical vicissitudes person strained its economy, agelong babelike connected exports.
"External pressures are increasing," said Yu Jiadong of China's labour ministry connected Monday.
"The US imposition of successive high-tariff measures has created accumulation and cognition challenges for immoderate export-oriented companies and impacted immoderate workers' jobs," helium said.
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Source: AFP
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