Trade Tensions Escalate: China Hits Back at Trump's Tariffs, 'This Is Not Right'!

New Delhi (The Uttam Hindu): After President Donald Trump imposed tariffs on many countries, there is chaos in the stock market around the world. On April 2, along with the announcement of reciprocal tariffs on the countries of the world, America also imposed heavy tariffs on imported goods from China. Now China is also responding to Trump in the same language. The spokesperson of the Chinese Foreign Ministry said that threats and pressure are not the right way to deal with China.

Spokesperson Lin Jian said the tariffs were "typical unilateralism and protectionism, and economic bullying", adding that US tariffs in the name of reciprocity only serve its own interests at the expense of other countries. Last week, Trump imposed an additional 34% tariff on Chinese goods as part of a raft of heavy tariffs on most US trading partners, bringing the total tariffs on China this year to 54%. China retaliated with a number of significant measures. Lin dodged a question on whether China would engage in talks with the United States. US customs agents have been collecting Trump's unilateral 10% tariffs on all imports from several countries since Saturday. "The US abuse of tariffs is tantamount to depriving countries, especially those in the global South, of their right to development," Lin said. He cited the growing gap between rich and poor in each country, with less developed countries being disproportionately affected.