Close Menu
    Tags
    ai apple BJP cg news Champions Trophy 2025 Chhattisgarh Chhattisgarh News china Congress cricket donald trump elon musk featured google Hindi News Hindustan India ind vs eng IPL IPL 2024 IPL 2025 Israel Israel Hamas War Jammu and Kashmir latest news Lok Sabha elections 2024 Madhya Pradesh Madhya Pradesh news market Narendra Modi News in Hindi Pahalgam Terror Attack Pakistan pm modi Rahul Gandhi Raipur Rohit Sharma samsung Supreme court T20 World Cup 2024 the chhattisgarh United States Virat Kohli whatsapp World Cup 2023
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram YouTube
    The Chhattisgarh
    Member Login
    • World
    • India
    • Chhattisgarh
    • Madhya Pradesh
    • Sports
    • Technology
    The Chhattisgarh
    Home»India»US-China Trade War: Beijing Issues White Paper, Alleges Rising Unilateralism And Protectionism |
    India

    US-China Trade War: Beijing Issues White Paper, Alleges Rising Unilateralism And Protectionism |

    The ChhattisgarhBy The ChhattisgarhApril 9, 20254 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    China has released a white paper criticising the US for imposing tariffs on over USD 500 billion worth of Chinese exports since 2018, calling it a form of “unilateralism and protectionism” that undermines global trade cooperation.

    China’s State Council Information Office on Wednesday released a white paper titled “China’s Position on Some Issues Concerning China-US Economic and Trade Relations.” The paper alleged that friction in trade between the US and China has significantly impeded normal economic and trade cooperation between the two countries, as reported by Xinhua.

    According to Xinhua, yhe Chinese government issued the document to clarify the facts about China-US economic and trade relations and elaborate the position of the Chinese side on relevant issues, according to the white paper.

    This comes after the White House announced on Tuesday (local time) the imposition of a 104 per cent tariff on China starting Wednesday, marking a significant escalation amid the tariff tension that has shaken the markets.

    During a press briefing, White House Press Secretary Karoline Leavitt emphasised that it was a “mistake” for China to retaliate against the US, asserting that when America is challenged, the response is forceful and unyielding.

    “It was a mistake for China to retaliate. When America is punched, He punches back harder. That’s why there will be 104 per cent tariffs going into effect on China tonight… If China reaches out to make a deal, he will be incredibly gracious,” Leavitt declared.

    Leabvitt stated that the new tariffs are part of the Trump administration’s ongoing effort to address what it deems unfair trade practices that have led to job losses and economic strain on American workers.

    The paper asserted that these measures will have severe consequences for bilateral economic and trade relations between the two nations.
    The white paper came as rising unilateralism and protectionism in the United States have significantly impeded normal economic and trade cooperation between the two countries, Xinhua reported.

    It said that the US has imposed tariffs on Chinese exports worth over USD 500 billion since 2018, with average tariffs on Chinese goods now standing at 42.1%, significantly higher than pre-trade war levels.

    Mentioning the recently levied US comprehensive additional tariffs on Chinese products, including tariffs citing the fentanyl issue as the pretext, “reciprocal tariffs,” and an additional 50 percent on existing tariffs, the White Paper said that these measures — revealing the isolationist and coercive nature of US conduct — run counter to the principles of the market economy and multilateralism, and will have serious repercussions for the economic and trade relations between the two countries.

    China has taken countermeasures to defend its national interests, including imposing tariffs on USD 23.6 billion worth of US exports, such as coal, crude oil, and passenger vehicles.

    Xinhua said that the white paper mentioned that in response to America’s moves, China has taken “forceful countermeasures to defend its national interests, and has remained committed to resolving disputes through dialogue and consultation, with multiple rounds of consultations with the U.S. side to stabilize bilateral economic and trade relations.”

    The trade war has led to a decline in US export volumes to China, with liquefied natural gas (LNG) exports dropping by 59.8% and car shipments falling by 33% since 2021.

    The white paper underscored that the Chinese side has always maintained that China-US economic and trade relations are mutually beneficial and win-win in nature.

    The white paper emphasizes the need for both countries to respect each other’s core interests and find solutions to trade disputes through dialogue and consultation.

    The White Paper, as cited by Xinhua, noted, “As two major countries at different stages of development with distinct economic systems, it is natural for China and the United States to have differences and frictions in their economic and trade cooperation. It is crucial to respect each other’s core interests and major concerns, and find proper solutions to resolve the issues through dialogue and consultation”. 

    China-US US Tariff
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    ‘Our Fight Is Against Terrorists, Not Pakistan Military’: Air Marshal Bharti On Operation Sindoor |

    May 12, 2025

    Who Is Vikram Misri – The Diplomat At The Centre of India-Pakistan Ceasefire Talks? |

    May 12, 2025

    Jets on Credit, Economy in Ruins: How Pakistan Buys Bombs While Begging The IMF |

    May 12, 2025

    Operation Sindoor: Pulwama Attackers, IC-814 Hijackers Among 100 Terrorists Killed In Strikes, Says Army |

    May 11, 2025

    ‘We Were Shocked That Trump…’: Congress’ BIG Remark On India-Pakistan Ceasefire |

    May 11, 2025

    IAF’s BIG Remark Amid Pakistan Ceasefire: ‘Operation Sindoor Still Ongoing’ |

    May 11, 2025
    -Advertisement-
    Advertisement
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    © 2025 The Chhattisgarh. All Rights Reserved.
    • Contact Us
    • About Us
    • Terms & Conditions
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.