Amid escalating trade tensions, China has pledged to retaliate against U.S. tariffs imposed on Chinese goods related to the production and trafficking of fentanyl. The dispute has ignited a broader debate about trade imbalances, illegal immigration, and the global narcotics trade.
U.S. President Donald Trump's trade war with Canada, Mexico, and China is escalating over the production and importation of the opioid fentanyl, along with trade surpluses and illegal border crossings by migrants from around the globe. China has repeatedly warned of taking 'necessary countermeasures to defend its legitimate rights and interests' following Trump's decision to impose tariffs on Chinese goods.
The Foreign Ministry released a statement on Sunday that did not specify any retaliatory measures but urged the United States to 'correct its wrongdoings,' maintain positive momentum in counternarcotics cooperation, and foster a stable and sustainable relationship between the two nations. China contends that the U.S. actions violate World Trade Organization rules and has vowed to bring a case before the global trade body. The Ministry of Public Security echoed similar sentiments, and the Commerce Ministry also issued a carefully worded statement.China argues that the U.S. action focuses on the wrong target. They claim the U.S. must address its own fentanyl crisis instead of imposing tariffs on other countries. China emphasizes its strong stance against narcotics, both in policy and enforcement, stating that it executes an undisclosed number of people annually for drug smuggling. However, domestic drug use remains relatively low. The Ministry of Public Security pointed out that the U.S. has not reported any fentanyl precursor seizures originating in China since Beijing began legal action against the drug trade.The dispute also touches upon the significant trade deficit between China and the U.S., which reached almost $1 trillion last year. Trump has consistently criticized this deficit, viewing tariffs as a way to reduce it. However, tariffs would increase the cost of Chinese goods for U.S. consumers, ultimately forcing them to bear a substantial portion of the financial burden. China's crucial export market could be impacted if U.S. consumers shift towards 'buying American.' The Chinese economy faces challenges, including sluggish growth despite government-led stimulus measures. A reliance on foreign infrastructure projects and other large-scale government initiatives further exacerbates the country's already high public debt, threatening economic stagnation. This situation hinders Chinese President Xi Jinping's ambition to surpass the U.S. in key economic and political indicators, jeopardizing his ultimate goal of asserting Chinese dominance in the Indo-Pacific region, including the potential reunification of Taiwan.Addressing illegal immigration is another central pillar of Trump's political agenda, reflected in the tariff actions against U.S. neighbors Mexico and Canada. While illegal arrivals from China are a significantly smaller concern, Trump has warned all nations that they will be held accountable for their nationals who enter the U.S. illegally
CHINA UNITED STATES TRADE WAR FENTANYL TARIFFS WORLD TRADE ORGANIZATION OPIOID CRISIS DRUG TRAFFICKING
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Vows Retaliation Against US Tariffs Amid Escalating Trade WarTensions between the US and China have reached a boiling point as President Donald Trump announces new tariffs on Chinese imports, citing fentanyl production, trade imbalances, and illegal immigration. China, in response, pledges to take 'necessary countermeasures' to protect its interests.
Read more »
China Vows Retaliation Against Trump's TariffsUS President Donald Trump imposed tariffs on goods from China, Canada, and Mexico, citing concerns over fentanyl trafficking and illegal immigration. China condemned the move, calling it a violation of WTO rules and vowing to retaliate with unspecified countermeasures.
Read more »
China Vows Retaliation Against US Fentanyl TariffsTensions escalate between the US and China as President Trump imposes a 10% tariff on Chinese goods, alleging insufficient action against fentanyl precursor chemical production. China counters, calling the tariffs unjustified and threatening countermeasures while emphasizing its commitment to combating drug trafficking.
Read more »
China Vows Retaliation Against Trump's Fentanyl TariffsThe trade war between the U.S. and China escalates as Trump imposes tariffs on Chinese goods, citing fentanyl production and trade imbalances. China counters with threats of 'necessary countermeasures,' while maintaining its stance as a strong combatant against narcotics.
Read more »
China vows retaliation against US tariffsChina says the U.S. action violates World Trade Organization rules and has vowed to bring a case before the body that governs global commerce.
Read more »
Canada Vows Retaliation Against US Tariffs, Highlights Critical Economic InterdependenceCanadian Energy Minister Jonathan Wilkinson rejects Trump's claim that the US doesn't need Canada, emphasizing the vital role Canadian resources play in the US economy. Wilkinson warns of retaliatory measures, including export taxes and targeted levies on US goods, if tariffs are imposed.
Read more »