China raises our anti-and-above people to 84% as Trump's trade war escalates – Country
China vowed again to “the battle ended” amid a escalation of a trade war with the United States on Wednesday, as it announced it would raise tariffs on U.S. goods to 84% starting Thursday.
Beijing has also added a range of countermeasures after U.S. President Donald Trump raised total tariffs on imports from China to 104%.
“If the United States insists on further escalating its economic and trade restrictions, then China has the will of enterprises and abundant means to take the necessary countermeasures and fight for the final battle,” the Commerce Department wrote in a statement.
The government has declined to say whether it will negotiate with the White House, just as many other countries have already begun to do so.
On Friday, China announced a rate on all goods imported from the United States, export controls on rare earth minerals and responses to Trump’s “Liberation Day” tariffs, and tax rates on all goods imported from the United States, export controls and a range of other measures. Trump then increased tariffs on 50% of Chinese goods, saying negotiations with them were terminated.
So far, China seems to be uninterested in bargaining. Foreign Ministry spokesman Lin Jian said: “If the United States does want to resolve the issue through dialogue and negotiation, it should adopt an equal, respectful and reciprocal attitude.”
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The paper says the United States has not fulfilled its promises in the first phase of the trade agreement that ended in the first semester. For example, it said that unless sold by a Chinese parent company, the U.S. law that would ban Tiktok violates the promise of “putting pressure on the other party to transfer technology to its own individual.”
Trump signed an order last week to keep Tiktok going for another 75 days after the deal of the goods that could be sold to U.S. owners was placed on ice. Patrol representatives said the White House said China will no longer approve the deal until negotiations on trade and tariffs are likely.
The paper also believes that economic exchanges between the two countries are “roughly balanced,” considering service trade and the domestic Chinese branches of U.S. companies.
It said China has a $26.57 billion service deficit trade with the U.S. in 2023, which is composed of industries such as insurance, banking and accounting. Trump's tariffs are designed to trade deficits in close proximity with foreign countries, but these deficits are calculated based solely on transactions of physical, tangible goods.
“History and facts have proved that the increase in U.S. tariffs will not solve its own problems,” the statement from China's Ministry of Commerce said. “Instead, it will trigger sharp fluctuations in financial markets, raise inflationary pressures in the United States, weaken the U.S. industrial base and increase the risk of a U.S. recession, which will ultimately backfire itself.
AP researcher Yu Bing and producer Liu Zheng contributed to the report in Beijing.
& Copy 2025 Canadian Press
