Trump says China is ‘biggest abuser of them all’ on tariffs

Pianco Research Chief Jim Bianco is discussing whether president Donald Trump’s tariff affects the Federal Reserve on “earning money”.
President Donald Trump described China as the “largest aggressor” when it comes to tariffs, adding in fact the social fact that Beijing ignores his warnings “not to take revenge.”
Trump made note after the Chinese Foreign Ministry accused the United States of “economic bullying” to impose a new tariff of 34 % on the country last week. Bejing also announced a 34 % tariff for the United States
“Oil prices decreased, and interest rates decreased (the slow -moving Federal Reserve must reduce the prices!), And food prices decreased, and there is no inflation, and Trump arrived on Monday morning,” Trump said on Monday morning.
He added: “This is despite the fact that the largest of all of them, China, whose markets have been disrupted, raised its tariff by 34 %, in addition to its long -term tariffs (plus!), And not recognizing my warning against the countries’ abuse of revenge.” “They have made enough, for decades, benefit from the good” USA “! Our previous leaders are responsible for allowing this, and a lot, to happen to our country. Make America great again! ”
China is running out of 34 % of customs duties on US imports
President Donald Trump, left, and Chinese President Xi Jinping. (Getty Images / Getty Images)
Trump later wrote, “Countries from all over the world speak to us. Difficult but fair standards are set.
“He spoke to the Japanese Prime Minister this morning. He is sending a big team to negotiate! They dealt with the United States very badly in trade. They do not take our cars, but we take millions of them. Agriculture is similarly, and many” other things. “
During the weekend, the Chinese Foreign Ministry criticized the latest customs tariff for the Trump administration.
“By taking such a measure, the United States challenges the basic laws of the principles of economics and market principles, ignoring the balanced results achieved through multilateral trade negotiations, and ignores the fact that the United States has long benefited from international trade, and the customs tariff weapon to exercise maximum pressure for self -interest.”
“This is a typical work of mono, protective and economic bullying. Under the” Treatment of Likewise “and” Equity “, the United States plays a zero game to follow the” first America “and” American exceptional “, and he continued.” It is trying to exploit the definitions to sabotage the current international economic and commercial system, put the interests of the United States over the public interest of the international community, and enhance the American dominant ambitions at the expense of the legitimate interests of all countries.
“This measure will face a large -scale opposition from the international community.”
China has suspended Tiktok deal with us on customs tariffs: Report

President Donald Trump holds a plan for “mutual definitions” while speaking during a commercial advertising event “Make the wealthy America again” at the White House on April 2 in Washington, DC. (Chip Somodevilla / Getty Images / Getty Images)
China announced last week that it will impose a 34 % tariff on the United States, which is scheduled to enter into force on Thursday, April 10.
Trump wrote in response to the truth on the truth: “China has played wrongly, I was panic – the only thing they could not do,” Trump wrote in response to the truth.
Then the Foreign Ministry said, “China is an ancient civilization, a land of suitability and righteousness,” and “the Chinese people appreciate honesty and good faith.
“We do not cause trouble, nor are we afraid of that. Pressure and threat are not the right way to deal with China,” he added.
A comment published on Monday in the People’s Daily newspaper, the official newspaper of the Communist Party of China, added that “the sky will not fall” and “confronting the random punches of American taxes, and we know what we do and we have tools at our disposal,” according to Associated Press.

Chinese President Xi Jinping is running President Donald Trump before a bilateral meeting on the sidelines of the G20 summit in Osaka, Japan, in June 2019. (Brendan Smialowski/AFP/Getty Images/Getty Images)
Click here to read more on Fox Business
TENEO analyst also pointed out that “abandoning restraint” in China’s response to the latest definitions probably reflects “decreasing hopes in a trade agreement with the United States, at least in the short term,” CNBC also said.
2025-04-07 11:44:00