RT.com
16 Apr 2025, 21:57 GMT+10
The White House has insisted Beijing must make a deal and threatened it with tariffs of up to 245%
China has called on the US to "stop threatening and blackmailing," if it wants to resolve the escalating trade dispute between the two countries through dialogue. Beijing has stressed that it will continue to protect its interests in the face of US pressure.
The two countries have implemented a series of reciprocal tariff hikes over the past two months, with the US imposing a cumulative rate of 145% last week. On Tuesday, the White House warned that Chinese imports to the US could face tariffs as high as 245%, and claimed the ball is in China's court.
"If the United States really wants to solve the problem through dialogue and negotiation, it should give up the extreme pressure, stop threatening and blackmailing," Foreign Ministry Spokesman Lin Jian told journalists on Wednesday.
The diplomat reiterated that the tariff war was initiated by the US and stated that China's response was aimed at safeguarding its legitimate rights and interests.
Beijing's retaliation has included a hike to 125% on all American imports, a suspension of global shipments of rare-earth metals and magnets used in tech and military industries. In addition, Beijing ordered Chinese airlines to stop accepting Boeing jets and parts, according to Bloomberg.
President Donald Trump previously suggested that the "proud" Chinese want to make a deal, they "just don't know how quite to go about it."
READ MORE: US to tie tariff deals to China curbs WSJ
The Chinese authorities have meanwhile insisted that "the door remains open" for negotiation with the US, but dialogue must be based on mutual respect. The Ministry of Commerce last week dismissed the multiple rounds of duties imposed by the US on China as "numbers game" with no practical meaning and vowed to "fight to the end."
(RT.com)
Get a daily dose of Yorkshire Observer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Yorkshire Observer.
More InformationThe Russian currency has posted strong gains against the US dollar and has outshined gold, data shows The Russian ruble has emerged...
The White House has insisted Beijing must make a deal and threatened it with tariffs of up to 245% China has called on the US to...
(250416) -- UNITED NATIONS, April 16, 2025 (Xinhua) -- A representative of the Permanent Mission of China to the United Nations reads...
Foreigners rejecting the neoliberal perspective in their home nations have the option of relocating to the country, according to the...
Dhaka [Bangladesh], April 16 (ANI): Pakistan Foreign Secretary Amna Baloch arrived in Bangladesh on Wednesday to discuss bilateral...
Washington, DC [US], April 16 (ANI): US Vice President JD Vance is scheduled to visit India next week. He will meet with Prime Minister...
(Photo credit: Joe Nicholson-Imagn Images) The Texas Rangers look to increase their hold on the top spot in the division when they...
BEIJING, April 16 (Xinhua) -- A selection of the best press photos from Xinhua.This photo taken on April 15, 2025 shows a scene at...
Bhubaneswar (Odisha) [India], April 16 (ANI): Hockey India President Dilip Tirkey emphasised that the next two to three years will...
Islamabad [Pakistan], April 15 (ANI): After Babar Azam's flop show with the bat continued in the ongoing Pakistan Super League (PSL),...
(250415) -- QINGDAO, April 15, 2025 (Xinhua) -- Nelson Coquenao da Luz (1st L) of Qingdao West Coast shoots during the 7th round match...
(250415) -- WUHAN, April 15, 2025 (Xinhua) -- Manuel Palacios (L) of Wuhan Three Towns FC vies with Cao Yongjing of Beijing Guoan FC...