He warned Sunday that no country would “escape” it from the attack it has launched by imposing “reciprocal” customs duties, “above all”, against which it was re -managed, the following exceptions to technology products.
“No one will escape (…) especially China, which is far -fetched us in the worst way,” the Republican president shone and thundered via Truth Social.
This warning by Donald Trump was recorded the day after the exemption by additional tariffs – 125% for China – granted by his government to technology products, mainly smartphones and computers, as well as semiconductors.
“We are looking at semiconductors and the whole supply chain with electronic products,” Mr Trump noted.
Earlier yesterday, the Minister of Commerce of his government, Howard Latnik, had also been expressed on the issue, talking about specific sectoral customs duties, especially for semiconductors, “probably in one or two months”.
‘We can’t rely on China’
“The president will present his (tariff) policy for semiconductors and medicines,” he told ABC News. “We cannot rely on China for fundamental things we need. Our medicines and semiconductors must be produced in America, “he insisted.
US announcements are in diametrically opposed to what China is demanding, as China’s trade war is causing shocks in markets, with shares seemed to have taken the train of terror, the price of gold in the sky and the US public market.
Although the Chinese Ministry of Commerce recognized the “small step” that Washington has made by excluding technology products, “we urge the US to (…) take a big step to correct their mistakes, completely cancel the bad practice of their reciprocal customs duties” and to return. “
Protectionism “leads nowhere”, Chinese President Xi Jing repeated in an article published today in the NHân Dân newspaper, a body of the Vietnam Communist Party.
“Our two countries must strongly defend the polymer trade system, the stability of the global chains of the supply industry, as well as the international opening and cooperation environment,” Mr Si said in this article, published on the day that began on Vietnam.
As in its products with Donald Trump’s decisions after returning to the White House in January, with the exception of the exceptions, Beijing has reimbursed by raising its own tariffs on US products from Saturday.
While further uploaded the additional tariffs to Chinese products last week, the tycoon appeared to breathe to other US trade partners, the heaviest duties and allowing 10% base duties until then.
Criticizing Mr Trump’s attack on the field of trade a day earlier, Beijing was self-contained as a proponent of the poorest countries, appealing, along with the Director General of the World Trade Organization (WTO) Nigos Okonzo-Iujo Developed of them. “
These duties “could even cause a humanitarian crisis,” said Chinese Minister of Commerce Wang Wedao.
Despite the escalation of trade for trade between the world’s two largest economies, Donald Trump said on Friday “optimistic” about the possibility of closing an agreement between Washington and Beijing.
The US absorbs 16.4% of all Chinese exports, with all trade of $ 500 billion, according to Beijing data. Washington revolts for the big deficit in the current trade balance.
With this conflict background, Chinese President Xi Jing began a tour of Southeast Asia today. After Vietnam, he plans to travel to Malaysia and Cambodia to strengthen his country’s trade relations and promote it as a partner of trust.
The Southeast Asia market is of crucial importance to Chinese exports. In 2024, the countries of ASEAN (of the Southeast Asia State Association), primarily Vietnam and Malaysia, were the main destination of Chinese products, which reached $ 586.5 billion in total, according to Chinese customs data.
