The Sino-US trade war has gotten bigger again! Trump said "we've almost done the talks", and China directly responded: That's not the case!
US President Trump recently said that China and the United States are working hard to resolve the tariff increase dispute, and also hinted that tariffs on Chinese goods will be significantly reduced.
But China immediately poured cold water on it, and the spokespersons of the Ministry of Commerce and the Ministry of Foreign Affairs said in unison: "Don't spread rumors! We haven't even started talking!"
Trump's operation is a bit "schizophrenic" - he shouts for negotiations, but he is still adding tariffs.
He recently said that he would reduce the tariffs on Chinese goods from 145% to 50%, but Finance Minister Bessant changed his words and said "there is no such plan"
What's even funnier is that just as Trump said he wanted "friendly negotiations", 12 US states formed a group to sue him for violating the constitution, saying that the president has no power to increase taxes himself
China's attitude is very tough: we can talk, but all unilateral taxes must be cancelled!
The spokesperson of the Ministry of Foreign Affairs said directly: "Want to fight? We will fight to the end! Want to talk? The door is always open!"
Now the market is confused, the stock market is like a roller coaster, and analysts say: "When these two giants fight, the global economy will have to shake."
The worst hit are American companies. Boeing aircraft were cancelled by China, beef could not be sold, and natural gas was piled up in ports.
On the other hand, China's domestically produced large aircraft C909 began to fly to Vietnam, Southeast Asian buyers lined up at the Canton Fair, and Brazilian soybeans took the opportunity to fill the vacancy in the United States.
This trade war is like two children quarreling: one shouted "I want to hit you", and the other replied "Come if you can".
In the end, the people of the two countries may suffer - American consumers have to pay for the price increase, and Chinese export companies are also gritting their teeth and bearing it.