The Chinese media condemn US sanctions but leave room for negotiation

Chinese media reacted strongly after the administration of US President Donald Trump said it would impose sanctions on $ 50 billion worth of Chinese imports, but some comments leave room for further negotiations.

On Friday, China said it would impose an additional 25% tax on 659 US imported goods worth $ 50 billion in response to US tariff imposition.

"The wise man builds bridges, the fool builds wallsThe official Xinhua news agency said in an editorial, echoing official comments that China would defend its interests in a trade war. "Following the path of expansion and openness is China's best response to the trade dispute between China and the United States, and it is also the responsibility that the major countries should have for the world.", he added.

An editorial in the People's Daily, an official of the Communist Party in power, condemned what he called "the Trump government's obsession with the shameful role of the global economic disruptor“, Adding that "NThere is no winner in a trade war, and the U.S. instigation of a trade war is extremely destructive to global trade, economic globalization, multilateral trading systems, and global manufacturing supply chains.. " "The whole world will collect the bill for the wrong deeds of American unilateralism".

The Global Times, a People's Daily tabloid report, called the US move "an irresponsible act"Done by the White House to stop international trade as an editorial, the Chinese English-language newspaper China Daily, said the measure represents"a strong violation of the central spirit of recent trade talks between China and the United States and that American commercial measures will end up harming America itself if Washington does not shirk its dangerous adventurism. "

However, the Chinese media, while calling the Trump administration "inconsistent and precarious", expressed hope that this trade war could still be avoided. "Given the frequent overturning of Donald Trump's administration, it is still too early to say for certain that a trade war will start.", The editorial said, underlining the consistency demonstrated by China," (China) welcomes dialogue and is not afraid of threats to the trade war. "

The Chinese media condemn US sanctions but leave room for negotiation

| Economics |