In response to Trump's latest statement, the Ministry of Foreign Affairs responded: Still the same ten words
On April 23, Foreign Ministry Spokesperson Guo Jiakun hosted a regular press conference.
Q: According to reports, US President Trump told reporters that we get along well with China and will not take a tough attitude when negotiating with China. The 145% tariff on China is indeed very high. After the agreement is reached, the US tariff on China will drop significantly, but it will not drop to zero. China must reach an agreement with the United States, otherwise it will not be able to do business with the United States. If we do not reach an agreement with the United States, we will do what the United States says, and the United States is the one who sets the rules. US Treasury Secretary Benson said that the current situation is essentially a trade embargo. The US goal is not to decouple from China, and the two countries may reach a comprehensive agreement within two to three years. Negotiations with China on such an agreement have not yet begun. What is China's comment on this?
A: China has long pointed out that there are no winners in tariff wars and trade wars, protectionism has no way out, and decoupling and breaking the chain will only isolate itself. Regarding the tariff war launched by the United States, China's attitude is very clear. We are unwilling to fight, but we are not afraid of fighting. If we fight, we will accompany to the end; if we talk, the door is open. If the US really wants to solve the problem through dialogue and negotiation, it should stop threatening and blackmailing, and talk to China on the basis of equality, respect and mutual benefit. Saying that it wants to reach an agreement with China while constantly exerting extreme pressure is not the right way to deal with China, and it will not work.
Source: Ministry of Foreign Affairs
According to this information, the so-called ceasefire in the trade war is only a unilateral compromise of the United States, and there has been no substantial progress. The market is a bit overly optimistic, so pay attention to trading risks!
