from MicroWave@lemmy.world to world@lemmy.world on 02 Jun 18:54
https://lemmy.world/post/30667174
China has lashed out at Donald Trump’s suggestion that Beijing violated an agreement between the two economic powerhouses that largely rolled back the U.S. president’s damaging tariff plans.
China’s Commerce Ministry said in a statement that it firmly rejects these “unjustified accusations” and vowed to take “forceful measures” to protect its interests, according to Chinese state media.
“The United States has unilaterally and repeatedly provoked new economic and trade frictions, exacerbating uncertainty and instability in bilateral economic and trade relations,” the statement said. “Instead of reflecting on its own actions, the United States has groundlessly accused China of violating the consensus, a claim that grossly distorts the facts.”
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That is such a wonderfully diplomatic way of saying “stop being a fucking idiot, your words have meaning and these are the consequences. Grow up”.
Even just “grow up”, tbh.
As much as I dislike the amount of reliance the world has on China (for the labour conditions there, the nature of their government to impose dodgy practices, generally speaking not being a “good egg”), China seems like the only trading bloc (although not a bloc, I guess… Maybe “trading entity”) that can unilaterally stand toe-to-toe with TACO and win. So, good on china.
Does all this even matter after the courts overturned the tariffs?
From what I understand tariffs were blocked by a lower court and the appeals court immediately reinstated them. I also keep seeing buried in the copy that they were technically only blocked from being collected from two companies that brought the suit and not actually blanket ruled illegal.
Interesting, I didn’t find this info. Gonna go research now.
Hope my fellow Americans bought all of pretty much any manufactured products that you might need for the next several years
Waiting for that taco.
There’s a lot of Americans that need to take note of the language. They’re saying “united states” not trump. I see so many Americans sitting there thinking trumps actions only affect trump and once someone new comes in things will go back to normal. This will be held against America for a long time.
The rest of the world is making deals with China and they are moving on.
There’s a small chance this actually forces Americans to kick the consumerist lifestyles and back to a needs based buy it for life mentality. It’ll be a rough and long path to get there, and it’s gonna suck in the short-medium turn, but think of the environmental advantages!
Trump collapsing the US is the best thing for global interests.