|
U.S. President Joe Biden on Tuesday unveiled steep tariff
increases on Chinese imports including electric vehicle (EV)
batteries, computer chips and medical products, risking an
election-year standoff with Beijing as he woos American voters
who give his economic policies low marks.
China immediately vowed retaliation.
"This is the most typical form of bullying in the world today!
It shows that some people in the United States have reached the
point of losing their minds in order to maintain their unipolar
hegemony," Foreign Minister Wang Yi said, according to a
statement published by state broadcaster CCTV.
"The U.S.'s suppression of China does not prove that the U.S. is
strong, but rather exposes that the U.S. has lost its
self-confidence and is out of order," he said.
The U.S. move, instead of hindering China's development, will
inspire its 1.4 billion citizens to work harder, Wang said.
"At this critical moment of global economic recovery, the
international community should warn the United States not to
cause new trouble for the world," he said.
Biden said China would probably raise tariffs in retaliation,
possibly on unrelated products, but said the move was unlikely
to lead to international conflict.
(Reporting by Liz Lee and Beijing newsroom; Editing by Andrew
Heavens and Gareth Jones)
[© 2024 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
