China will go against all countries that ask for commercial privileges with the US.
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China is the only country that retains tariffs imposed on the so -called “Liberation Day”.
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Washington would be urging several allies to reduce their links with China.
Despite the reciprocal tariffs announced by Donald Trump in early April, the subsequent 90 -day pause decreed by his own administration showed that the main objective of confrontation is China. Today, the Asian giant is the only country that faces tariffs greater than 100% by the United States, while multiple territories that are negotiating agreements saw their rates reduced to 10%.
In this context, they have tightened their position from Beijing to the possibility that Washington grants commercial benefits to their allies to the detriment of Chinese interests. Recently, the Ministry of Commerce that responds to Xi Jinping denounced that The United States would be using tariff exemptions as a pressure tool.
Specifically, representatives of the Government of XI accused the US. They argue that Trump’s government seeks to obtain advantages at the cost of harming other countries… “It’s like making a deal with a tiger for their skin: everyone ends up losing,” says a statement that, according to local media, was published by the body responsible for commercial activity.
«China firmly opposes any agreement that harms its interests. If such a situation will be reached, we will not accept it under any circumstances and take reprisals, ”Chinese officials warned.
The confrontative logic of the United States to China was reflected in a recent intervention by David Zacks – known as the “AI tsar and cryptocurrencies” designated by Donald Trump – during the podcast All-inwhich also had the participation of the journalist Ezra Klein and the former Treasury Secretary, Larry Summers.
During the program, Sacks tried to justify part of the current course of American economic policy, arguing that the country made a bipartisan error by facilitating China’s entry into the World Trade Organization (WTO) More than two decades ago. According to him, that decision allowed a “dragon baby” to grow to become a monster capable of challenging the United States, so Trump is trying to put a brake.
Currently, Chinese exports to the US North American products must pay 125% to enter the Asian giant. Complaints from Beijing are supported by the reports of The Wall Street Journal, who point out that US officials would be pressing their allies to reduce commercial exchange to China or the implementation of economic sanctions.
As part of this climbing, the White House has also proposed a tariff front that points directly to maritime transport. The measure, known as “request 301”, seeks Impose rates on ships from China operating in US ports. If approved, the initiative would begin to be applied within six months, with an initial charge of $ 50 per net load ton, which would progressively increase for the next three years. This was reported by cryptootics.
While this initiative could have a negative impact on Bitcoin, several analysts highlight the remarkable resilience shown by the leading cryptocurrency amid the current tariff turbulence. In fact, at the time of writing this article, BTC quote USD 87,916, which represents an appreciation of more than 3% in the last 24 hours, according to CoinmarketCap data.
