2025-04-07
54 分钟daily news and analysis we keep you informed and inspired this is world today China has stated its position on opposing u.s. abuse of tariffs u6 unity in first strike back at u.s. tariffs targeting 28 billion u.s. dollar of American imports South Korea expected to hold a snap election on June the 3rd welcome to road today a news program with a different perspective i'm ge anna in Beijing to listen to this episode again or to catch up on previous episodes you can download our podcast by searching road today China has accused the united states of undermining global trade rules in the name of feariness Beijing is calling the sweeping tariffs on global trading partners an act of unilateralism protectionism and economic coercion meanwhile china has announced a 34 percent tariffs on all u.s. imports and has banned several u.s. companies from trading and investment
while placing some others under export controls john yunfei explains the chinese response the pursuit of so-called fairness is more than just america first but american exceptionalism that's the stance that china has taken on us sweeping tariffs against trading partners around the globe in a statement on saturday Beijing said washington's move infringes on other country's legitimate rights violates world trade organization rules harms the rules-based multilateral trading system and disrupt global economic stability it also labeled u.s. tariffs as an act of unilateralism protectionism and economic bullying data from china's general administration of customs shows
that the united states is china's third largest trading partner in the first two months of this year but economic experts are worried
that the tariffs could further damage bilateral trade china announced on friday another 34 percent tariff placed on all imported u.s. products that's the same amount of additional tariffs that trump earlier imposed on china china's countermeasures clearly demonstrate a zero tolerance stance against actions that seek to undermine the global multilateral trading ecosystem these harmful moves have far-reaching consequences for the global economy and china's countermeasures are both well-prepared and timely china says it would take resolute measures to safeguard its sovereignty and interest in saturday's statement beijing reiterated china's commitment to high-level opening up and sharing development with the world it called for global cooperation to reject protectionism and uphold the rules-based international trading system the statement also called on the international community to value fairness and justice and stand on the right side of the history one more on this my colleague john yang spoke with dr jomey senior research fellow with chinese academy of international trade and economic cooperation so dr jomey china has announced a 34 tariff on u.s. imports in response to
that combined u.s. tariff of 54 percent on products from china going to the united states so how do you interpret china's response and what is china's strategy here well
if you're looking at the rate i think it's just the equal to the united states when they're putting the so-called reciprocal tariffs on china's i think that is a very clear
that we are going to do something to defend our our businesses and our consumers well we know
that international trade are always happening from the two directions so when the chinese export to united states are facing some unfair practices i think it's necessary for us to show the attitude to you know also the other side
because we know that united states and china are both very important countries we are huge countries so we have a lot of complicated relations so the attitudes of china is trying to give the enterprises also the peoples of united states the idea that we should try to respect each other and
if we have some problems maybe it's not as good as just trying to do something unilaterally we need to have a more negotiation and talk and what does trump's tariff mean for china's economy and what will china do for the next step for its economy well we know
that the tariffs are really meaning a lot of cost in the cross-border flow of the goods well for china's export we know
that china has exported a lot of things to united states the machineries closing and also that shows a different kind of things well the export to united states seems to have a much higher cost in the borders but i don't think that is also you know china suppliers will bear this extra cost so for some of the chinese enterprises when we are going to negotiate or trying to talk with our trading partners in the united states we have to consider these additional tariffs and trying to to consider about the possible policies and solutions we know
that it is even more important for the suppliers to be stable to have a better quality of supply and trying to meet the diversified demand so the connections will be strengthened for the you know cross-border trade from china to the united states well for the government levels i i mean
that we still have a lot of policies in the tour books and we are going to defend any of these unfair practices by some other country
if they are trying to deal with this problem unilaterally well on the other hand i think it is also naturally for us to understand
that china's economy is getting stronger
if you're looking at the pmi or also the inflation and a lot of outputs for different sectors we are having a much much more important space for the chinese enterprises
if they are going to you know to discover a better development with a higher quality and how do you see the outlook of the exports the exports seems to be fluctuated in in the coming months i think it's not only about the the size of the demand it is about the structure and also the supply chains we know the global supply chains are reconstructed in recent years so the additional tariffs will pose more uh impacts on the global supply chains when the united states are putting different so-called reciprocal tariffs on different trading partners global supply chain has to react on that well i mean there is not only uh happened in the government in the national levels it's also happened in the market market base so i hope
that the export could be continued because we are looking at the economies in the world except
for united states i think most of these countries are trying to gain better powers through the international cooperation by the global trade and that is definitely some opportunities that we can see for chinese companies like in some of the belt and road regions companies and the countries are in the process of industrialization and urbanization and that will improve the demand for the import from other countries and chinese products definitely will be one of the main choices and as the second largest economy and the second largest market for consumer goods china is committed to opening a wider to the world what does it mean for china and also the world well