Hot Posts

6/recent/ticker-posts

Ad Code

Advertisement
Advertisement

China Slams Trump’s Tariff Escalation, Positions Itself as Global Trade Stabilizer


 By Agboola Aluko | GLiDE NEWS, Lagos

Monday, April 7, 2025

I n a sharp rebuke to the Trump administration’s renewed tariff threats, China has labeled the latest move “a mistake upon a mistake,” vowing to stand its ground in what is rapidly becoming a new phase of the global trade war. Beijing’s firm response signals a strategic shift to reposition itself as a reliable and dominant force in global trade, despite rising tensions with Washington.

President Trump’s latest salvo—a proposed 50% increase on all Chinese imports—was met with swift retaliation from Beijing, which implemented its own set of 34% tariffs on U.S. goods. China’s Commerce Ministry declared on Monday that the U.S. had “once again exposed the blackmailing nature” of its trade strategy, affirming that “China will never accept it” and pledging to “fight to the end.”

This isn’t the first time the two giants have locked horns over trade, but the stakes are now higher. Trump’s decision could push total tariffs on Chinese imports to more than 54%, adding significant strain to an already fragile global economy.

Beijing, however, is signaling it’s ready—not only to retaliate, but to capitalize. Over the weekend, Chinese state media framed the confrontation as an opportunity to demonstrate resilience and leadership. A commentary in the People’s Daily, the Chinese Communist Party’s official mouthpiece, proclaimed: “The sky won’t fall,” asserting that China’s “institutional advantages” and centralized leadership would allow it to transform crisis into opportunity.

Strategic Confidence from Beijing

The rhetoric coming from Beijing suggests a calculated bet that Trump's aggressive protectionism could damage America’s global standing more than China's. “Since the US initiated the first trade war in 2017, we have continued to develop and progress,” the commentary added, painting China as a pillar of economic stability amidst Western unpredictability.

Indeed, Beijing’s tone has shifted from defensive to confident. China’s Foreign Ministry emphasized that the country would “only continue to open its doors wider,” describing itself as a dependable economic partner. Vice Commerce Minister Ling Ji reinforced this stance during a meeting with representatives of 20 major U.S.-funded enterprises—including Tesla and GE HealthCare—urging American companies to “be rational voices” for global supply chain stability.

Redrawing Global Trade Lines

As Trump’s tariffs strike both allies and adversaries—recently targeting Japan and South Korea with 24% and 25% duties respectively—China is seeking to realign global trade. Beijing recently held economic talks with both countries, positioning itself as a bulwark against American economic aggression.

Experts suggest this may be part of a broader strategy to create a global trade ecosystem less reliant on the United States. Liu Zhiqin, a senior researcher at Renmin University, argued on state television that “China must not back down,” adding that acquiescence would only embolden future U.S. aggression.

Ju Jiandong, a professor at the People’s Bank of China School of Finance, noted, “China and the U.S. are now direct rivals in reshaping the international trade order. We’re ready to compete.”

A Test of Global Allegiances

While some countries may view China’s posturing with skepticism—particularly given Beijing’s history of economic coercion—many face difficult choices as U.S. tariffs threaten their own industries. With American trade unpredictably fluctuating, nations may find themselves compelled to deepen ties with Beijing.

Still, unease lingers over whether China will flood markets with cheap exports, undercutting local industries. Yet, for many, alignment with China may now represent a safer economic bet than enduring the whiplash of Trump’s isolationist policies.

As tensions escalate, one thing is clear: a new global economic order is emerging. Whether this leads to the fragmentation of trade into competing blocs or a new wave of globalization with China at the helm, the implications will be far-reaching.

Reporting by Agboola Aluko | GLiDE NEWS

Post a Comment

0 Comments

Advertisement

Ad Code

Advertisement