This is an economic revolution

This is an economic revolution

The president ofUnited States, Donald Trumphe defended his Commercial strategy based on the imposition of tariffs to foreign products and assured that China It was more harmed than his country. Through a message released this Saturday on your social network Social truththe ex -president insisted that the measures are generating a unprecedented transformation In the American economy.

China has been beaten much stronger than the US. They, and many other nations, They have treated us unsustainably. We have been the ‘ineffective and helpless lashes post, but not anymore. We are recovering jobs and businesses as never before, ”he published in his official account.

And he added: “We have already invested more than Five billion dollarsand the figure continues to increase rapidly! This is an economic revolution, and we will win. Keep firm, it won’t be easy, but The final result will be historical! We will make the United States again! ”

The reactions in international markets They did not wait. This Friday, the main bags of the world closed with losses, after Trump announced new global scope tariffs.

Despite the financial consequences, the Republican leader reaffirmed his position: “To the many investors who are coming to the United States and who invest huge amounts of money, My policies will never change”, Also said in Truth Social. And he finished:“ This is a Great moment to get richricher than ever before. ”

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China’s response

From Beijingthe Chinese government’s response was immediate. The authorities expressed their firm rejection to what they described as a unilateral economic war.

In an official statement released by the state agency XinhuaThey said that American tariffs represent “a typical act of unilateralism, protectionism and economic harassment“, And they launched a direct warning:” We do not cause problems, but we are not afraid either. “

In addition, China confirmed Friday that, from April 10, 2025will apply a 34% tariff to all merchandise from the United States. This decision responds directly to the protectionist measures announced by Donald Trump the past April 2.

The Chinese government accused the White House of manipulating the rules of international trade To obtain political benefits. “Tariffs are used as weapons to exert extreme pressure and seek selfish interests,” they said in their statement, while describing US actions as a “subversion of existing economic and commercial order

From the Asian regime they also made it clear that they will maintain their opening policy to international trade. “We will continue to adopt firm measures to safeguard our sovereigntysecurity and development interests, ”they said.

And they concluded: “Economic globalization is the inevitable path For the development of human society, and this progress is a universal right of all countries of the world, not the patent of a few countries. ”

China responds with 34% tariffs to all US products

China’s Ministry of Finance He announced on Friday that he will impose a 34% tariff over all imports from the US as of April 10in response to the tariffs applied by the administration of US President Donald Trump earlier this week. The feeling of risk is even more affected by these holders.

The futures of the S&P 500 fall 1.4 %, while the yields of the 10 -year Treasury bonds collapse up to 3.90 %, with a fall of 15 basic points in the day. The USD/JPY has also retreated below 146.00 at this time.

China urges the United States to immediately cancel its unilateral tariff measures Already resolve commercial differences through consultations in a framework of equality, respect and mutual benefit, “said the ministry.

Source: Ambito

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