China Stands Firm Amidst Ongoing Trade Tensions with the U.S.
In a series of statements amid escalating trade tensions, China has firmly rejected claims regarding ongoing tariff negotiations with the Trump administration, insisting that there are no discussions happening. The Chinese government has also dismissed U.S. tariffs as mere bargaining chips and vowed to mitigate their impact on its economy, announcing measures to support businesses affected by these tariffs. Additionally, China has called for the cancellation of all unilateral tariffs if the U.S. is serious about resuming trade talks. Despite the challenges, Chinese officials expressed confidence in achieving a 5% GDP growth, demonstrating a commitment to stability in the face of U.S. pressure. Meanwhile, China has warned other countries against collaborating with the U.S. in trade matters, emphasizing its readiness to counter any strategies perceived as harmful to its interests.
CNBC, The Hill, AP News, Reuters, CNN, Bloomberg.com, Times of India, South China Morning Post, "Barrons", The New York Times