Taipei, Taiwan – Beijing accused the United States of “putting pressure on other countries” to limit trade, following media reports that the Trump administration will use pricing as a lever to push nations to release their economic ties with China.
According to the United States, more than 70 countries have expressed their interest in negotiating trade agreements after US President Donald Trump, earlier this month, announced a 90-day break on his “reciprocal” prices on imports from dozens of countries.
“China firmly opposes any party concluding an agreement at the expense of the interests of China,” a spokesperson for the Chinese Ministry of Commerce, accusing the United States of using “reciprocity” as a coverage to exercise domination in commercial and economic matters on Monday.
“The search for tariff exemptions to the detriment of the interests of others is like concluding an agreement with the tiger for his skin-he will finally turn against all fires and will hurt all the parties,” said the spokesperson, promising “reciprocal countermeasures”, without developing.
The Department of the Ministry took place after Bloomberg News last week reported that the Trump administration intended to push countries to rediscover prices to reduce their trade with China.
US officials discussed plans aimed at putting pressure on other nations aimed at arising to import surplus goods from China and to impose import rights from specific countries with close links with Beijing, Bloomberg reported, citing familiar people with the problem.
The United States and China have a trade battle in Tit-For-Tat, which threatens to kill the world economy after Trump announced new prices on most countries.
More specifically, the Trump administration increased its trade war with Beijing by hiking import taxes on Chinese products up to 145%
China, which is committed to “fighting to the end” if Washington continues to degenerate the commercial ship, retaliated by imposing 125% tasks on American exports.
Trump on Easter on Sunday has published a list of “non-pricing cheating”, warning the trade partners of offenses not linked to the price that could spoil relations with the United States. The list of eight points included manipulation of currencies, export subsidies, counterfeiting and transshsipling.
“These non -tariff obstacles are just as bad as prices – perhaps worse”, Trump’s post on social reading of truth, drawing attention to practices such as the handling of currencies, value -added taxes acting as export subsidies, the spill of products and export incentives supported by the government.
He also appointed counterfeit goods, IP flight, protectionist technical standards and transbrids to dodge prices as part of what he considers a global economic sabotage book.
“Yes, we are talking to China. I would say they contacted several times,” Trump told journalists last week, referring to the negotiations renewed with Beijing.
He declared earlier that Washington and Beijing were in talks on prices, expressing the confidence that the two biggest economies in the world would have an agreement over the next three to four weeks.
Edited by Tajun Kang and Stephen Wright.