Opinion: Why U.S. "tariff extortion" against China is failing

时间:2025-04-11 17:30:38  来源:Xinhua

分享到微信朋友圈

打开微信,点击 “ 发现 ” ,使用 “ 扫一扫 ” 即可将网页分享至朋友圈。

Opinion: Why U.S. "tariff extortion" against China is failing

"We do not provoke trouble, nor are we intimidated by it. Applying pressure and threats is not the right way to deal with Chi...

65cca6af8efc61105f9275260d1c5532.jpeg

U.S. President Donald Trump shows an executive order on "reciprocal tariffs" at the Rose Garden of the White House in Washington, D.C., the United States, on April 2, 2025. (Xinhua/Hu Yousong)

The U.S. attempt to strong-arm China is like punching a steel wall -- it won't make a dent.

BEIJING, April 11 (Xinhua) -- The U.S. government has taken a dangerous step in recent days with its trade policy, using the rhetoric of "reciprocity" to impose a new wave of tariffs on major global trading partners, particularly China.

In the face of escalating "tariff extortion," China has responded with necessary countermeasures to safeguard its sovereignty, security and development interests.

By imposing the so-called "reciprocal tariffs," the United States has cast aside World Trade Organization (WTO) rules, undermined the legitimate rights and interests of WTO members, damaged the rules-based multilateral trading system, and injected further instability into an already fragile global economic order. At its core, this strategy embraces unilateralism, protectionism, and economic bullying.

Christine Lagarde, president of the European Central Bank, warned that the ripple effects of such policies could endanger global economic stability.

By discriminating among trading partners and unilaterally hiking duties beyond agreed limits, the United States has violated WTO rules, said Chad Bown, a senior fellow at the Peterson Institute for International Economics.

China has made its position unequivocal: "We do not provoke trouble, nor are we intimidated by it. Applying pressure and threats is not the right way to deal with China."

China is fully confident, capable and resilient to deal with this tariff war.

73f8a328cc401de86914d05d47673ee5.jpeg

A ceremony is held at the London Stock Exchange to mark the issuance of China's first-ever overseas RMB-denominated sovereign green bond in London, Britain, April 3, 2025. (Xinhua/Li Ying)

Over recent years, China has decreased its reliance on exports to the United States, diversified trade ties with emerging economies, and implemented more flexible policies to strengthen its ability to withstand external disruptions.

China's economic fundamentals remain robust. In 2024, its GDP reached 134.9 trillion yuan (18.9 trillion U.S. dollars), with a growth rate of 5 percent -- a performance that stands out among major global economies.

China's comprehensive industrial capacity -- unique in its inclusion of all manufacturing categories recognized by the United Nations -- provides critical ballast against trade coercion.

China's enormous domestic market of over 1.4 billion people offers strategic depth in weathering external disruptions. Meanwhile, China is committed to a high-level opening-up and continues to cultivate a dense web of mutually beneficial trade partnerships.

With its institutional advantages, economic resilience and strategic wisdom, China has demonstrated to the world its determination to uphold justice and its commitment to resist bullying. The U.S. attempt to strong-arm China is like punching a steel wall -- it won't make a dent.

Washington's turn toward economic unilateralism threatens bilateral ties and the painstakingly built global trade architecture after World War II.

The world must unite against economic bullying. To borrow an old Chinese proverb, "You do not placate a tiger by feeding it your own flesh."

Openness, inclusivity and mutual benefit are the only paths forward. China remains steadfast in defending these principles and ensuring its development contributes to global stability and growth.

编辑:王瑜

网站简介 |  本网动态 |  友情链接 |  版权声明 |  我要投稿 |  联系我们 |  工作邮箱 | 不良信息举报 | 中国互联网联合辟谣平台
本网站法律顾问:陕西洪振律师事务所主任 王洪
陕ICP备07012147号 互联网新闻信息服务许可证:61120170002
信息网络传播视听节目许可证:2706142 陕公网安备 61011302000103号
地址:陕西省西安市长安南路336号 联系电话:029-85257337(传真) 商务电话:029-85226012 投稿邮箱:news@cnwest.com
Copyright ©2006- 西部网(陕西新闻网) WWW.CNWEST.COM, All Rights Reserved.