An advisor to the Chinese Foreign Ministry said that President Donald Trump had badly judged Beijing by imagining that he was going to transform economic pressure, leaving the United States exposed and not prepared to manage the current tariff deadlock.
Chinese diplomatic advisor assertive The fact that Trump had missed Beijing wrongly believing that China was going to transform pricing pressure, leaving the United States without preparation for the trade war. President Trump insisted on Thursday that commercial talks between the United States and China were underway, pushing the Chinese claims that no discussion took place to mitigate the current trade war. The Chinese Foreign Ministry spokesman Guo Jiakun confirmed that Beijing had not organized commercial talks with Washington despite repeated comments from the US government suggesting that there had been a commitment.
The contradictory statements of Washington and Beijing have highlighted the stretched communication and the uncertainty defining the current trade war, adding volatility to the global markets and extending economic pain on both sides. US companies have faced arrow import costs while Chinese exporters were pressed by the drop in American demand.
China believes that Trump has misused his position in the trade war
Wu Xinbo, director of the Center for American Studies at Fudan University in Shanghai, said that the consumer story within the Trump team was that China would have no choice but to go if the United States played the tariff card because the Chinese economy was already bad. However, Wu stressed that China was “not in a hurry” to speak and was well prepared to resist economic pressure, adding that commercial talks should be “under China”.
Guo added that China's position on the tariff war initiated by the United States was clear: “We don't want to fight, but we are not afraid to fight. If it is to fight, we will fight until the end. If it's to talk, our door is wide open. “”
Wang Yiwei, director of the Institute of International Affairs of the University of Beijing, explained that Chinese officials were wary of Trump after weeks of posture and contradiction messages.
There is a spokesperson for the Chinese Ministry of Commerce, added to the conversation, saying that the United States had initiated unilateral tariff hikes. He should take into account the rational votes of the international community and its national stakeholders to fully remove all unilateral tariff measures against China and to find a way to solve differences by an equal dialogue if it really wants to solve the problem.
“From the point of view of China, I would say so: the trade war has been launched by the United States, but if you have to negotiate is in China – when to speak and what to speak will be decided by China.”
–Wu XinboDirector of the Center for American Studies at Fudan University in Shanghai
Bessent said on April 23 that excessively high prices between the United States and China should drop before trade negotiations could take place and de-escalation was necessary for the two largest economies in the world to rebalance their commercial relationship.
Trump alludes to the possible return to Chinese prices
President Trump reported a potential turnover on his trade war with China, saying that high prices on Chinese products could drop considerably, but they are not zero. Trump's remarks would have seemed to mark a rhetorical rise after weeks of difficult posture and reprisals in Tit-For-Tat which sent prices to China beyond 145%.
Bessent also said that the trade war with China was not durable and expected the battle to be de -escalation very soon. He told investors that the objective was to rebalance trade instead of a difficult break or a complete decoupling between the United States and China. The Chinese Foreign Ministry has officially declared that the United States should stop its threats and coercion and engage with China according to equality, mutual respect and reciprocity if it wanted to conclude an agreement.
On Wednesday, Trump's change of tone also became viral on Chinese Internet, the hashtag “Trump made a trend” as a high subject on the Weibo social media platform, where it has accumulated more than 150 million views.
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