Accusing the United States of “typical trade bullying,” China on Friday imposed $34 billion in retaliatory tariffs on American soybeans, cars and other products, suggesting dim prospects for resolving a potentially bruising trade war between the two economic powerhouses.
As it has in the past, China used the moment to cast itself as a defender of the global trade order. Beijing officials portrayed Trump’s threats to tax as much as $450 billion worth of Chinese goods as a threat to global prosperity. China’s state-controlled news media echoed the sentiment.
But Chinese news outlets stopped short of language that
As it has in the past, China used the moment to cast itself as a defender of the global trade order. Beijing officials portrayed Trump’s threats to tax as much as $450 billion worth of Chinese goods as a threat to global prosperity. China’s state-controlled news media echoed the sentiment.
But Chinese news outlets stopped short of language that