Opinion: Why U.S. "tariff extortion" against China is failing
U.S. President Donald Trump shows an executive order on "reciprocal tariffs" at the Rose Garden of the White House in Washington, D.C., the United States, on April 2, 2025. (Xinhua/Hu Yousong)。
The U.S. attempt to strong-arm China is like punching a steel wall -- it won't make a dent.。
BEIJING, April 11 (Xinhua) -- The U.S. government has taken a dangerous step in recent days with its trade policy, using the rhetoric of "reciprocity" to impose a new wave of tariffs on major global trading partners, particularly China.。
In the face of escalating "tariff extortion," China has responded with necessary countermeasures to safeguard its sovereignty, security and development interests.。
By imposing the so-called "reciprocal tariffs," the United States has cast aside World Trade Organization (WTO) rules, undermined the legitimate rights and interests of WTO members, damaged the rules-based multilateral trading system, and injected further instability into an already fragile global economic order. At its core, this strategy embraces unilateralism, protectionism, and economic bullying.。
Christine Lagarde, president of the European Central Bank, warned that the ripple effects of such policies could endanger global economic stability.。
By discriminating among trading partners and unilaterally hiking duties beyond agreed limits, the United States has violated WTO rules, said Chad Bown, a senior fellow at the Peterson Institute for International Economics.。
China has made its position unequivocal: "We do not provoke trouble, nor are we intimidated by it. Applying pressure and threats is not the right way to deal with China."。
China is fully confident, capable and resilient to deal with this tariff war.。
A ceremony is held at the London Stock Exchange to mark the issuance of China's first-ever overseas RMB-denominated sovereign green bond in London, Britain, April 3, 2025. (Xinhua/Li Ying)。
Over recent years, China has decreased its reliance on exports to the United States, diversified trade ties with emerging economies, and implemented more flexible policies to strengthen its ability to withstand external disruptions.。
China's economic fundamentals remain robust. In 2024, its GDP reached 134.9 trillion yuan (18.9 trillion U.S. dollars), with a growth rate of 5 percent -- a performance that stands out among major global economies.。
China's comprehensive industrial capacity -- unique in its inclusion of all manufacturing categories recognized by the United Nations -- provides critical ballast against trade coercion.。
China's enormous domestic market of over 1.4 billion people offers strategic depth in weathering external disruptions. Meanwhile, China is committed to a high-level opening-up and continues to cultivate a dense web of mutually beneficial trade partnerships.。
With its institutional advantages, economic resilience and strategic wisdom, China has demonstrated to the world its determination to uphold justice and its commitment to resist bullying. The U.S. attempt to strong-arm China is like punching a steel wall -- it won't make a dent.。
Washington's turn toward economic unilateralism threatens bilateral ties and the painstakingly built global trade architecture after World War II.。
The world must unite against economic bullying. To borrow an old Chinese proverb, "You do not placate a tiger by feeding it your own flesh."。
Openness, inclusivity and mutual benefit are the only paths forward. China remains steadfast in defending these principles and ensuring its development contributes to global stability and growth.。
(责任编辑:综合)
-
荆楚网湖北日报网)讯通讯员 张承瑜)为宏扬中华优异传统文明,深化发掘书法艺术与"宽厚"文明的内在联系,展示荆门的地域特征、历史文明、风土人情以及"宽厚"精力在今世社会的传承与开展,三楚书法院第五回书法 ...[详细]
-
7月1日芜湖方特暑期狂欢正式敞开,“方特夏天雪糕节”“方特水上电音节”“方特泼水狂欢节”三园各具特色的主题活动,将为广阔游客带来为期两个月的夏天狂欢盛宴。方特梦境王国隆重焕新 玩转缤纷色彩。7月6日上 ...[详细]
-
2014年12月,家住太和县城关镇的H女士,在认识到稳妥的含义与功用后,为自己及家人办理了多份泰康的稳妥,其间为老公Z先生办理了《万能保C款严重疾病稳妥》、《泰康惠健康严重疾病稳妥》,严重疾病稳妥保额 ...[详细]
-
7月1日芜湖方特暑期狂欢正式敞开,“方特夏天雪糕节”“方特水上电音节”“方特泼水狂欢节”三园各具特色的主题活动,将为广阔游客带来为期两个月的夏天狂欢盛宴。方特梦境王国隆重焕新 玩转缤纷色彩。7月6日上 ...[详细]
-
自北京时刻4月10日12时01分起,我国对原产于美国的一切进口商品加征84%关税,以反制美方不断晋级的关税霸凌。其他的反制办法包含:在世贸安排争端处理机制下追加申述、将多家美国实体列入不牢靠实体清单等 ...[详细]
-
湖北日报讯 记者刘洁、通讯员徐晨)6月13日,一列满载50个大柜的中欧班列武汉)从中铁联集武汉中心站慢慢驶出,抵达武汉阳逻港后,货柜将换乘船只运往江苏太仓港。这是湖北首开铁水联运“一单制”班列。铁水联 ...[详细]
-
“哈中联系继续稳步发展” ——访哈萨克斯坦文明与信息部副部长叶夫根尼·科切托夫
“在两国首脑的战略引领下,哈中联系继续稳步开展,不断迈上新台阶。”第二届我国—中亚峰会即将在哈萨克斯坦举办,哈萨克斯坦文明与信息部副部长叶夫根尼·科切托夫在承受本报记者采访时表明,在高质量共建“一带一 ...[详细]
-
现金服务多渠道,市民用零不必“愁” 中信银行合肥分行积极开展多元化现金服务
为深化贯彻落实《国务院办公厅关于进一步优化付出服务提高付出便当性的定见》作业要求,进一步优化现金付出环境,提高大众运用现金付出的便当性,中信银行合肥分行积极展开多途径现金服务,以提高老年人、境外人员、 ...[详细]
-
荆楚网湖北日报网)讯通讯员 张曼)4月9日,荆州区消防救援大队副大队长杨帆带队到文物保护单位太晖观,针对前期消防安全查看所发现的危险问题,展开了全面的“回头看”及专业指导作业,全力为这一宝贵的前史文明 ...[详细]
-
当地时间6月14日,在女王杯网球赛女单半决赛中,头号种子郑钦文苦战三盘,以2-6、6-4、4-6惋惜负于阿尼西莫娃,无缘初次晋级草地赛决赛。尽管没能持续改写自己在草地巡回赛的最佳战绩,但由于2号种子凯 ...[详细]