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206

China tells US to ‘cancel all unilateral tariffs’ if it wants talks (www.ft.com)

submitted 6 hours ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml

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Beijing has called on the US to “completely cancel all unilateral tariff measures” if it wants trade talks, in some of China’s strongest comments yet on the impasse between the world’s two economic superpowers.

“The unilateral tariff measures were initiated by the US,” said He Yadong, a Chinese commerce ministry spokesperson. “If the US truly wants to solve the problem, it should . . . completely cancel all unilateral tariff measures against China and find a way to resolve differences through equal dialogue.”

Beijing has maintained that the US must make the first move to de-escalate the crisis, which is threatening to spark a hard decoupling between the two countries’ economies.

Chinese analysts argue that the US imposition of high tariffs make it difficult for Beijing to find a way to defuse the crisis.

China’s President Xi Jinping would find it difficult to engage personally with Trump on the trade war unless this was preceded by extensive negotiations to hammer out a deal, they say.

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[–] jballs@sh.itjust.works 1 points 20 minutes ago

Trump has since begun to soften some of the measures, granting exemptions for smartphones, semiconductors and electronics and claiming the US and China were in direct contact “every day”.

On Tuesday, the president said tariffs would come down “substantially” and a deal would be done “pretty quickly”.

But the Chinese foreign ministry on said any reports that China and the US were nearing a deal were “fake news”.

“There have been no consultations or negotiations between China and the United States regarding tariffs, let alone reaching an agreement,” said ministry spokesperson Guo Jiakun.

This is classic Trump. Lie about how easy something will be and how great he's making things, all while delivering horse shit and counting on your supporters to be too dumb to listen to what's actually going on.

[–] Wilco@lemm.ee 12 points 2 hours ago (1 children)

Now Trump has a lever to pull for more insider trading. He will let the economy crumble for a while longer, then tell his friends "now is the time to invest" and then agree to remove all tariffs a few hours later. Then the economy will recover sharply from the insider trading spike and fall again when these vulture capitalists are done.

[–] frogbellyratbone_@hexbear.net 12 points 2 hours ago

agree with what you wrote, but don't confuse the economy with the stock market. the economy has been FUCKED for awhile now. never recovered from covid / profit-maximizing inflation tbh

https://www.lisep.org/ does a lot of really good work showing how false official UE, CPI, earnings are.

[–] Asfalttikyntaja@sopuli.xyz 6 points 3 hours ago (1 children)

I don’t like Xi much but this time I want him to feed all the shit to that orange one.

[–] samus12345@lemm.ee 3 points 1 hour ago

Evil predictable dictator > evil batshit insane dictator

[–] lemmy_outta_here@lemmy.world 62 points 5 hours ago

When trump finally caves and has to kiss Xi’s ass, every newspaper headline better fucking be “the art of the deal”

[–] CurlyWurlies4All@slrpnk.net 89 points 6 hours ago* (last edited 6 hours ago) (2 children)

I'm no defender of China, but this seems like common sense. If you shat on my front lawn, I'd expect you clean it up before we talk about modifying our shared fence.

[–] Inaminate_Carbon_Rod@lemmy.world 43 points 5 hours ago (2 children)

Unfortunately Trump’s style is to take said dump then demand praise for having you pay to clean it up.

[–] eddanja@lemmy.world 17 points 5 hours ago

This is the perfect summary.

[–] LandedGentry@lemmy.zip 5 points 5 hours ago* (last edited 5 hours ago)

No he ends up making some rube pay for it and calls it a victory, while the rube thanks him for the opportunity to own the libs

[–] zephorah@lemm.ee 14 points 5 hours ago (1 children)

You can’t negotiate with a narcissistic personality disorder, not when they’ll deny the shit is from their dog even when captured on camera. Either way, they’ll factor in a way for the occurrence of the shit to be your fault and therefore your problem to clean up.

[–] Enkers@sh.itjust.works 5 points 5 hours ago

Sure, but now the shit-taker wants a favour from the shit-reciever who is having none of it until the shit is cleaned up. So now we get to watch the shit-taker squirm and writhe while they try to figure out how to untake their shit without looking like the complete idiot that they clearly are.

[–] Dotcom@lemmy.ml 33 points 5 hours ago

Sure seems like the “great negotiator” is the one who is having to answer demands

[–] Nyticus@kbin.melroy.org 2 points 4 hours ago

"Hard Negotiator" At work here, people. /s

[–] altphoto@lemmy.today 1 points 5 hours ago (1 children)

And we can just give them our best technology too? What a great deal!

[–] ef9357@lemmy.world 2 points 3 hours ago

It’s “the art of the deal”. Create a big stink, then capitulate. Trump's genius is truly mind boggling.

[+] Endymion_Mallorn@kbin.melroy.org -39 points 5 hours ago (4 children)

Absolutely not. If we're going to be on the aggressive path, we need to stay the course. There are demands in place. Either they're met, or it keeps going - up to and including a complete embargo on Chinese goods, while we continue to discuss the situations with HK and Taiwan ROC separately.

[–] Damage@feddit.it 6 points 2 hours ago

Y'all should get rid of Trump and his... entourage, tell everyone "sorry, this was all a big mistake, grandpa's gone a bit crazy with old age, let's forget all this nonsense", it's the only way to gain back some of the influence you lost.

[–] vvv@programming.dev 24 points 4 hours ago (3 children)

what are the demands?

[–] jballs@sh.itjust.works 1 points 19 minutes ago

We want more money

[–] davel@lemmy.ml 17 points 4 hours ago

China better meet this fediversian’s unelaborated demands or else!

[–] Frederic@beehaw.org 7 points 4 hours ago

That Chinese people buys lots of american stuff like trucks and all ? I guess?

[–] yogthos@lemmy.ml 32 points 5 hours ago (1 children)

Given that China isn't going to cave, what you're saying here is that you think the US should tank its economy by doubling down. Sounds like you're well qualified for a job at the White House.

[–] nobody158@r.nf 2 points 3 hours ago

As qualified as the current resident for sure.. ..... ..... .....

[–] freagle@lemmygrad.ml 13 points 5 hours ago

we need to stay the course

Sunk cost fallacy. The trade war is a collossal mistake on the part of the US. It can accomplish nothing. Trump's entire strategy was based on the idea of tarrifs being more undesirable for his opponents than for him. He was wrong.

China is not worried if the US issues a full embargo on Chinese exports to the USA. China's focus is on the rest of the world when it comes to trade and it's only focus on the US is worrying about US military adventures that it needs to defend against.

As for Hong Kong, you mean the city that England stole from China when they devastated them after getting half their people addicted to opium because it was the only thing the English could figure out how to sell? You mean the city that was run as an oppressive colony by brutal British governors until they realized they were finally going to have to give the city back and then decided to do a complete propaganda/indoctrination move, enrich token Hong Kongers, "enhance" the already existing indoctrination in schools that worshipped British "civilization" and propagandized their captive audience to fear and loathe their own countrymen? That Hong Kong situation that China has successfully worked through so far in a processes of integration, deradicalization, and respect? That situation? Where the protests in Hong Kong saw protestors throwing fire bombs at police force weeks on end but never escalated into a police riot like what happens in the US? That situation?