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Free AccessMNI: China Rallies World to Fight US on Trade: Media Roundup
By Sherry Qin
BEIJING (MNI) - The following lists media reaction in China after U.S.
President Donald Trump's announcement on Friday to impose 25% tariffs on USD50
billion worth of Chinese exports:
- Given the frequent flip-flopping of President Donald Trump's
administration, it is still too early to conclude a full-blown war will be
underway. -- China Daily
- China will impose an additional 25-percent tariffs starting July 6 on 545
products from the US including soybeans, electric cars, orange juice, whiskey,
salmon and cigars. China noticed that the U.S. had threatened to impose
additional tariffs should China take retaliatory measures. "This logic of a
typical bully won't make China flinch" and China is ready to take corresponding
measures. -- China Daily
- The world's major economies, such as China and Europe, should join hands
to fight back to teach the US a lesson that it must pay a dear price if it
stubbornly sticks to its own way regardless of the interests of other countries.
- China Daily
- China has the capability and need to resolutely strike back at the
"irresponsible conduct" after the U.S. administration slapped tariffs on its
imports. "Tariff-raising of equal scale and strength will strike hard" at the
U.S. China has seen more clearly President Donald Trump's "barbaric,
unreasonable, selfish and reckless" self, and will teach the "warmonger and
provocateur" a lesson. -- People's Daily
- All recent economic and trade outcomes negotiated by China and the U.S.
will be invalid, China is consistently opposed to a trade war, which will hurt
global interests. China and other countries shall act together to resist this
outdated measure and firmly safeguard the mutual interests. -- Xinhua News
Agency citing Foreign Ministry
- The U.S. will eventually pay the price. With the change of global trade
environment, the U.S. has become less competitive in the global context; thus it
is eager to take unilateralist an protectionist measures to practice the
"American priority" strategy - Xinhua News Agency .
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: MAQDS$,M$A$$$,M$Q$$$,MC$$$$,MI$$$$,MT$$$$,MGQ$$$]
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.